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Opera Browser Creators Planning IPO

Iphtashu Fitz writes "Norwegian web browser developer Opera Software is reportedly planning an Initial Public Offering on the Oslo Stock Exchange next month. According to a press release issued today, Opera's revenue for the last quarter grew 108.7% and CEO Jon S. von Tetzchner stated that 'After developing and refining the technology and commercial side for nine years, Opera Software is now ready for public listing.' Opera has, according to CNET News, gained popularity in the past few months thanks, in part, to having ported their well-known browser to smartphones."

16 of 368 comments (clear)

  1. Opera by MysteriousMystery · · Score: 5, Insightful

    Opera is a nice browser, but honestly how many people do you know that actually regged it? Most people are using the ad supported version. With the company going public it makes me wonder about how many ads and to what level the ads will be showing up in future releases. Instead of just a banner at the top maybe pop ups FROM Opera? Perhaps I'm just seeing things negatively but this certainly makes me wonder about the product. I will say it is nice to use on a Zaurus though.

    1. Re:Opera by Gregory+S+Patterson · · Score: 5, Interesting

      For what it's worth, I've been using Opera exclusively since version 3.something in 1998. When they switched to ads, I used a cracked version for a couple months, but then regged it after the guilt got to me. Considering that (excluding operating systems) I use this piece of software more than any other, I probably owed them a lot more than it cost. Though I must admit that I'm the only person I know who gave them any money, and I know about a half dozen other people who use it regularly. I assume most of their revenue comes from licensing deals w/ mobile phone makers.

      If you're willing to learn the interface and customize it to your liking, there's no doubt in my mind that there's nothing faster. Most importantly, you can use it with either the mouse OR the keyboard without any loss of efficiency. From my experiences, most other browsers have functions that can only be done with one or the other.

      just my $.02

    2. Re:Opera by zxSpectrum · · Score: 5, Informative

      Opera is a nice browser, but honestly how many people do you know that actually regged it?

      Well. Let's see.. Opera is the standard browser on:

      • All Sendo X phones
      • Nokia 7700
      • Nokia 6600
      • Sony Ericsson P900
      • Sony Ericsson P800
      • BenQ P30
      • Motorola A920
      • Nokia 9210i
      • Psion Revo+
      • Sharp Zaurus

      in addition to being available as perhaps the only real browser for Nokia 3650/7650, Nokia N-Gage and Siemens SX1, and Opera also has partnerships with several companies

  2. Re:I wonder which by TiMac · · Score: 5, Interesting
    Why wonder? Everyone and their mother uses Google...a small fraction of the world uses Opera. I'm all about rooting for the little guy (Opera) vs the giant (Microsoft), but there are so many other alternatives out there for various platforms (such as Firefox, Galeon, Safari, OmniWeb, etc) that I can't see a company based around a browser succeeding in going public.

    Frankly, I'll keep my money in safer places....

    --

  3. Re:I wonder which by aacool · · Score: 5, Interesting
    Opera's revenue is about a third of Google's last quarter. Google's ad-words program ensures revenue. Not sure how Opera can ensure sustained revenue for a freeware browser that has a low share of the browser market(????)

    So, I would assume, Google. Also factor in the demand factor for the shares, expectation of being the next Netscape, etc.,

    Will be interesting to see how Opera performs as a public company

  4. Amazing ... by midspot · · Score: 5, Funny

    amazing how 2 free to use apps can be both offering stocks in 2004. Do i see a bubble rising in the tech sector again??? I better get back to buying domains for selling cat skinners, corn row straighteners, and board stretchers!!!

  5. Buying Opera by hcetSJ · · Score: 5, Funny
    95% of nerds: If I've never had any inclination to buy the Opera web browser, why would I bother to buy their stock?

    95% of others: Ooooh! Tech stocks! It's the next '90's!

    --

    This side up.
  6. Re:Why Pay? by kannibal_klown · · Score: 5, Insightful

    I like Mozilla, and usually support free software, especially OSS, but I don't see what's so wrong about liking payware. It's not like I'm dirt poor, and can't afford the registration fee.

    Free Software and Open Source software is great, but not every company is Microsoft; some are benigh or even benevolent. There's nothing wrong with paying for software if you like it more than the free alternatives.

  7. Listen up, people by prostoalex · · Score: 5, Funny

    This browser IPO is going to be huge! It will turn Microsoft Windows into pile of poorly debugged device drivers and everything will be run from the Web browser!

    You simply cannot lose launching a Web browser company!

  8. Re:Can someone explain... by Anonymous Coward · · Score: 5, Informative

    It's an easy way to 1) raise capital 2) spread risk around.

    Imagine you are in your kitchen baking cookies, and you sense that your cookie-baking will make you rich someday. You just need some money for advertising and a bigger kitchen. How can you do it? You can try and grow slowly, but you might never succeed. You can take out a loan, but what if you can't pay it back? You're screwed. So you can try and convince people that your business is growing, big time, and you will offer to sell pieces of the business for a high price (higher than the value of all your equipment at least). You take this big mass of cash, grow your business, and everybody gets rich as your income grows and the value of your stock goes up accordingly. And your company is in neat little pieces that can be bought and sold as needed. Instead of just you owning your business, all these people own little pieces of it.

    And if the business flops, you don't owe these buyers anything, because they assumed the risk when they buy.

    Pretty simple really...there's also seconday benefits like exposure and PR but the basic point is to raise capital.

  9. Re:Crashes... by Bronz · · Score: 5, Informative

    This could be completely OS dependent, but Opera on Win32 is a dream. (And to be honest, I don't recall it ever having a problem for me on suse or debian either).

    Opera is appealing because it's not just a viable replacement for IE or Mozilla, but it's actually an alternative. It's code base is unique in that it has no common ties to the gecko browsers. It's fast. Really fast.

    Mouse gestures in Mozilla and IE are (literally) an after thought add-on. Due to Mozilla's design, I'm not sure that a mouse gesture can even register while a page is loading. Little things that destroy the UI if they aren't done right.

  10. No crashes here. Never! by tipiyano · · Score: 5, Informative
    For me it's only one reason for opera: mouse gestures

    Yes, I have the tried the mouse gestures in mozilla. They are not at all consistent. You have to "draw" the gesture exactly with sharp edges or it failes to recongnize. With Opera it is very robust. And yes, mouse gestures is important to me.

    This one might be my ignorance, but I can't get the tabbed browsing to work right on Mozilla. Most of the time it opens new tab for new window but sometimes it will open a new window. Not to mention that the download window always opens a new window. Opera always keeps everything in the same window.

    And finally, I love that I can close opera and start it later and have all my open webpages restored. No need to temporary bookmarks. Couldn't find this mozilla.

    So until mozilla gets these right (specially mouse gestures), I will stick to opera. Although one thing I miss that mozilla has is the google toolbar. Hopefully, opera will pick it up soon.

  11. Re:How is this relevant? by El · · Score: 5, Funny

    No, they make jokes like "Why do Volvos have windshield wipers on the inside of the windsheild? Because Swedes all drive like this (makes raspberry noise)" Personally, I've never understood that joke either...

    --

    "Freedom means freedom for everybody" -- Dick Cheney

  12. FUD by Rits · · Score: 5, Interesting

    FUD.

    There has been a single handful of security issues in the past years, which were either solved with a fixed build even before the vulnerability was made public, or at most a few days later.

    There are currently no open vulnerabilities.

    In what sense is this 'worse than IE'?

    --
    If you don't like having choices made for you, you should start making your own. - Neal Stephenson
  13. Re:I won't be buying any stock... by NanoGator · · Score: 5, Informative

    "Seriously someone give me a good reason to pay $30 for a browser, even if it is "the fastest browser on earth, that's not worth $30 to me..."

    It's got a really nice interface. Not only is it intuitive, but quite powerful too. Here are a few things I do with it: (note: I do not intend to imply that these are things Mozilla cannot do. I'm simply stating what I use it for.)

    - I post my artwork on a lot of different forums. For each project, I create a folder. In that folder there's a bookmark linking to every single thread I've started about that project. When I right-click on that folder, I can say "open each one in a new window." That's exactly what it does. When the windows are done loading, the titlebar of each page turns the text blue.

    - The magnify button scales up text and images, nice for zooming in on artwork I browse. (Porn too!)

    - The transfers window is nice for downloading files. Not only does it stay out of the way, but it also allows you to re-xfer and resume files without having to go hunt down a link.

    - Opera's email client is .. well it's different. (At least from Outlook, Netscape, etc...) It downloads one copy of the message. Folders are created, not for copies of the message, but for different ways of viewing it. So one folder might say "Show me all the messages that have SLASHDOT in the headers", but another folder would say show me all the folders with MICROSOFT in the headers". You can imagine that those two emails could overlap sometimes? Well instead of getting dupe messages, you get the one message, but you can see it in either folder. It's sort of like Outlook's categories. I don't really like it for personal messages, but man it's great for email notifications that somebody has replied to your post. When you right click on a link, you can say "Open in background window". So your mail window stays up, but the new window appears behind it. That's great if you want to go down a list of emails and open links to them.

    Okay, I babbled a lot on this topic, but I seriously love Opera for forum browsing because of how its email works.

    - Opera's customization is surprisingly robust. Add buttons.. remove buttons... reorder them. I am continually suprised by Opera's intuitiveness in this regard. They've really through what somebody might want to do when they click, drag, or right click.

    - Refresh every n minutes. That feature's cool if you're waiting for a website to update.

    - Linked Windows: Click a link in one window, the response happens in another. This is a GREAT porn surfing feature! (I ain't gonna lie to you guys, porn surfing is important to me!)

    - You can transplant it to another machine. This is undocumented, but I've been able to move Opera with all my bookmarks, email, etc to another machine. It took some editing of .INI files etc, but it was doable. You Linux folks may not care, but us Windows guys like programs that aren't overly dependent on the Registry.

    - You can turn off images with the click of an icon. I found this useful while travelling once. The dialup connection was HORRID. So I turned off image downloading and boom the internet was much more responsive. (IT's also good for avoiding Goatse links. :P)

    Opera's popularity is understandable. Mozilla may have a lot of what I mentioned. At that point, it becomes a matter of personal preference.

    --
    "Derp de derp."
  14. Re:Tiny-screen browsing by matthewcraig · · Score: 5, Informative

    That's Shift-F11 (View -> Small Screen). There is no Shift-F12 hotkey, at least not on the current version 7.23 for Windows.