Slashdot Mirror


Chinese Tech Group Offers To Buy Opera; Board Endorses

jones_supa writes: There's been plenty of speculation around the future of web browser maker Opera, and now that looks like it will soon be resolved. Today the Norway-headquartered company confirmed that it has received a $1.2 billion acquisition offer from a group fronted by Chinese consumer tech companies Kunlun Tech and Qihoo 360. The deal is for 100% of the company, and it represents a 53% premium on the company's valuation based on its most recent trading price. Opera's board said in a statement (PDF) that it has "unanimously decided to recommend" its shareholders to accept the bid. The final deal is subject to government and shareholders' approvals.

70 of 120 comments (clear)

  1. Noooooooooo by Anonymous Coward · · Score: 2

    Please no. Please? Opera is one of the few innovators in the browser space that manages to pack features without getting bloated.

    1. Re: Noooooooooo by Anonymous Coward · · Score: 2, Insightful

      Opera hasnt been like that for 6-7 years. Its garbage now as a desktop app.

    2. Re:Noooooooooo by Lunix+Nutcase · · Score: 2, Insightful

      Yes, making a reskinned Chrome is super innovative.

    3. Re:Noooooooooo by SuperRenaissanceMan · · Score: 1

      Yes. Yes, it is.

      --
      Any comment mentioning moderation is automatically Offtopic.
    4. Re:Noooooooooo by NotInHere · · Score: 1

      Perhaps its the same person who did this: http://news.slashdot.org/comme...

      Probably a troll who got their five modpoints by accident and now wastes it as trollish as possible.

    5. Re:Noooooooooo by BarbaraHudson · · Score: 2

      It's now based off of Chromium, same as Chrome. The similarities are much more than skin deep. The old Opera that we knew and loved has been dead for a LONG time.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    6. Re: Noooooooooo by Anonymous Coward · · Score: 1

      Opera hasnt been like that for 6-7 years. Its garbage now as a desktop app.

      It will soon become the equivalent of Chinese spyware.

    7. Re: Noooooooooo by c0rebarrios · · Score: 1

      Opera hasnt been like that for 6-7 years. Its garbage now as a desktop app.

      It's crap for you...I use it on my Mac on El Capitan and it uses less memory than Chrome with the same amount of extensions. Let alone Opera pushes out (security) updates faster than Google.

    8. Re:Noooooooooo by Lunix+Nutcase · · Score: 1

      Right. Because you can tell how an app will perform by the looks of its interface...

      So then what are these innovative features that I'm not seeing?

    9. Re:Noooooooooo by Lunix+Nutcase · · Score: 1

      Exactly. All the innovation of Opera was thrown out long ago when it just became a Chrome reskin.

    10. Re: Noooooooooo by ChoGGi · · Score: 1

      I think you meant 12.17
      http://www.opera.com/download/...

    11. Re:Noooooooooo by obsess5 · · Score: 1

      Exactly, too! I began using Opera back in the version 3 days (3.12?)--paid for both the Windows version and, when it later came out, the Linux version. (Version 3 supported server-push, so I could monitor our system using a homebrew embedded web server that pushed out updated indicators.) Hung on to version 11.64 as long as I could (version 12 had some problem or another for me), but finally switched to PaleMoon a year or two ago.

      In the latter years, what I really liked about Opera were, aside from its speed, (1) the bookmarking system and (2) middle-clicking on a link to open up and transfer focus to a new tab. I've tried Vivaldi and Otter, but neither one was close to the classic Opera experience. No other browser I've tried has matched the ease of use of classic Opera's bookmarking system. PaleMoon (and, I guess, Firefox) is not bad in this regard, but still a little clunky.

      Sour grapes warning (!): Regarding middle-clicking on a link, apparently I'm in a minority; Chrome made a conscious choice to open up tabs in the background because users preferred reading an article all the way through, clicking on the links as they go, and then looking at the linked sites. (I know there is a Chrome add-on that adds this functionality, but there are other reasons Chrome is an awkward browser for me.) PaleMoon largely gets this right for me except in the case when I right-click to Google the highlighted text and the Google results tab is in the background.

    12. Re:Noooooooooo by youngone · · Score: 1
      But some Chinese company thinks it's worth $1.2 billion?

      Smells like money laundering to me, the Chinese government have cracked down on people moving money out of the country, so it might be an end run around those rules.

    13. Re: Noooooooooo by toddestan · · Score: 1

      Opera 12.16 date back from 7/2013 and that was pretty much when real Opera browser came to an end. 12.17 was kind of an odd release. It came out well after the Chromium-based Opera was out, and basically only fixed SSL. It was nice of them to do that, I certainly didn't expect them to release any patches for Opera 12 at that point. It's interesting though that they still list it as the "stable" release, with Opera 35 as a "beta".

      I do have to admit though, if you want to use a Blink-based browser but don't trust Google, it's probably the best of the Chrome-alternative browsers. At least on Windows, it's too bad that they no longer support Linux.

  2. Beijing Opera! by XXongo · · Score: 4, Funny

    So, it will now be the Beijing Opera!

    1. Re:Beijing Opera! by Oxygen99 · · Score: 1

      More like the the Beijing State Opera, I'd guess...

      --
      I had a dream, bright and carefree, but now there's doubt and gravity
  3. Nope, getting uninstalled by Kobun · · Score: 1

    If this goes through, Opera is getting ripped out of every computer I had it on. Time to go looking for a replacement browser.

    The difference in culture surrounding privacy between the Chinese and Norwegians is the dark side of Earth's moon to Mercury's sun-side.

    1. Re:Nope, getting uninstalled by Kobun · · Score: 1

      Thank you to the folks who recommended Vivaldi elsewhere on the page. I'm currently giving it a try.

    2. Re:Nope, getting uninstalled by BarbaraHudson · · Score: 1

      You know that it's based on Chromium, right? Opera stopped being opera a long time ago.

      My question is, why would they (the Chinese) pay so much for the name (it's not like they're paying for the code - Chromium source code is freely available), unless it's to put their own brand of spyware into it.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    3. Re:Nope, getting uninstalled by Kobun · · Score: 2

      That's pretty much my point. Call me paranoid but having an installed base of software, WITH AUTOUPDATE, makes it trivial to sneak spyware out to a wide array of computers quickly.

    4. Re:Nope, getting uninstalled by x_t0ken_407 · · Score: 1

      If this goes through, Opera is getting ripped out of every computer I had it on. Time to go looking for a replacement browser.

      The difference in culture surrounding privacy between the Chinese and Norwegians is the dark side of Earth's moon to Mercury's sun-side.

      Yup, here too. Though I've begun using Vivaldi on my desktop(s) as my main browser, I do still use Opera when I need another browser and on my mobile devices. Sad times, my friend. Sad times.

    5. Re:Nope, getting uninstalled by toddestan · · Score: 1

      I'd be especially wary of Opera's Turbo feature (which I think is only on their mobile browser now?). The feature where an Opera server downloads the webpage, recompresses it, and then sends it to your device. Saves on bandwidth, but also a prime opportunity to inject something nasty into the webpage you're trying to view.

  4. Opera's over by maroberts · · Score: 2

    ..the fat lady has sung.

    --

    Donte Alistair Anderson Roberts - hi son!
    Karma: Chameleon

    1. Re:Opera's over by sgunhouse · · Score: 1

      https://www.youtube.com/watch?v=Gm4qksX8-FM for Jon's comments (though of course he's no longer involved with Opera)

  5. had to say it by Anonymous Coward · · Score: 1

    Opela

    1. Re:had to say it by jandersen · · Score: 1

      Opela

      That might have been vaguely funny, if it has been about a Japanese company. The 'R'-sound is quite commonly used in Chinese.

  6. $1.8 billion by 110010001000 · · Score: 2

    $1.8 billion for a company that lost $51 million last year. Good investment.

    1. Re:$1.8 billion by 110010001000 · · Score: 1

      Oooops. My mistake: $1.2 billion for a company that lost $51 million last year. Even better investment. Not sure how a mistake is a troll, but I guess everything is trolling nowadays!

    2. Re:$1.8 billion by Luthair · · Score: 1

      1.8 billion to checkout and compile Chromium ;)

    3. Re:$1.8 billion by Alomex · · Score: 1

      Why would you add $600,000,000? I know you love to troll a lot, but come on...

      He's reading it from Canada.

  7. We respect your privacy. Hey look money! by xxxJonBoyxxx · · Score: 1

    I'd keep an eye on this in the next few weeks:
    http://www.opera.com/privacy

  8. What will happen to Fastmail? by MetalliQaZ · · Score: 4, Interesting

    Didn't Opera buy Fastmail a few years ago? As a long time Fastmail user, like so many other tech people, I'd worry about my email provider being controlled by the Chinese.

    --
    "Here Lies Philip J. Fry, named for his uncle, to carry on his spirit"
    1. Re:What will happen to Fastmail? by guppysap13 · · Score: 2
      IIRC, Fastmail bought themselves out of Opera in ~2013. They should have emailed you about it if you had an account at the time. This shouldn't impact them at all.

      http://ceoworld.biz/ceo/2013/09/26/australian-based-email-provider-fastmail-became-a-privately-held-independent-company-29920932/

    2. Re:What will happen to Fastmail? by Trax3001BBS · · Score: 1

      Didn't Opera buy Fastmail a few years ago? As a long time Fastmail user, like so many other tech people, I'd worry about my email provider being controlled by the Chinese.

      When Opera was first released they were up front about their Emailer, said you really might not like our style and try a different one. I'm not sure where Fastmail came in or even if.

      I use Forte Agent.

    3. Re:What will happen to Fastmail? by penguinoid · · Score: 1

      like so many other tech people, I'd worry about my email provider being controlled by the Chinese.

      I'd worry more about email controlled by America. If nothing else at least the Chinese don't care what I do over here.

      --
      Don't waste your vote! Vote for whoever you want, unless you live in a swing state it won't matter anyways
  9. China blues by iserlohn · · Score: 5, Insightful

    China is due for a massive correction in the economy. Debt driven growth has reached saturation and from now on, we will see a lot of deleveraging and money being printed (ie. QE) to prevent deflation.

    Acquisitions is one of the best ways to swap depreciating Yuan assets (to use as collateral) and turn them into foreign assets. As the likelihood that CNY will devalue increases, you will see more and more of these desperate deals.

    1. Re:China blues by BarbaraHudson · · Score: 3, Insightful

      It's not just China that is due for a "massive correction in the economy." Look at how many first-world countries have negative interest rates, because printing money just meant more money stuck in "financial investments" rather than productive ventures.

      --
      "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
    2. Re:China blues by Anonymous Coward · · Score: 1

      A good part of the pressure sending interest rates to negative is the capital flight from China. After 8 years of global expansion the world is due for a recession.

  10. The crowd is chanting ... by Artem+S.+Tashkinov · · Score: 3, Informative

    revive the Presto engine!

    Seriously, I would hate the world where everything revolves around WebKit though I've got a sneaking suspicion we already live in it.

    1. Re:The crowd is chanting ... by Anonymous Coward · · Score: 1

      You misspelled Blink.

  11. Re:sorry, but it's dead by Kamots · · Score: 1

    I made the switch to Chrome and have been using StrokeIt to get mouse gestures in it (avoiding the plugins that report your browsing). The side-benefit is that I get mouse-gestures for all apps on an app-by-app configurable basis and any gesture that I could possible want or conceive of.

    Still miss some features from the old Opera, but 12 was just getting too long in the tooth and even it had gone backwards in some ways from 10.

  12. Re:Repeat after me: Vivaldi, Vivaldi, VIVALDI! by malditaenvidia · · Score: 2

    Except they're actually doing what Opera promised when they switched to Webkit/Blink and are implementing all the features of Opera 12 into their browser. Even typing /. in the address field will take you to slashdot, like in the old days. I'm worried about the footprint, though. Opera always excelled at using little resources and providing tons of features. Kind of makes you wish they used a different browser engine for vivaldi.

  13. Re:Repeat after me: Vivaldi, Vivaldi, VIVALDI! by BarbaraHudson · · Score: 1

    Vivaldi? A browser that sucks. Tried it, and it's crapware.

    --
    "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.
  14. Re:Why 1 billion? by 110010001000 · · Score: 1

    Sure. They might lose money on every user, but they will make it up on volume! Business School 101.

  15. Re:Why 1 billion? by del_diablo · · Score: 1

    Trough its entire lifetime, Opera software has somehow always managed to claw in amazing deals or bundles, or getting paid good buck for bundled browsers.
    They was the default JAVA browser for several years for phone, until the iPhone existed. The browser for the Nintendo Wii.
    They also have a interesting purchase history, such as Skyfire(content delivery compression), AdColony, and more.

    Technology wise they most likely burned out completely after releasing Opera 12. So its for the leftover talent, IP, and inhouse tech. Might even be just for the compression tech, aimed to be used for the continually growing Chinese marked.

  16. Opera Mini by williamyf · · Score: 3, Interesting

    Opera Mini intercepts all web traffic in order to reshape/recompress

    It acts like a sort of "Man n the middle" for web traffic.

    Put on your tinfoil hats boys and girls, this will be a wonderful ride.

    PS: Also, think of all the Symbian(S60)/ASHA(S40)/NokiaX phones whose browser and store is handled by Opera now, by way of Microsoft...

    http://www.allaboutsymbian.com/flow/item/20265_Nokia_Store_to_be_replaced_by_.php

    --
    *** Suerte a todos y Feliz dia!
  17. It was dead anyway by samwichse · · Score: 1

    Opera already was on its way into a death spiral. They decided they couldn't keep up with the pace development of other rendering engines with Presto, so they said they were going to clean-sheet remake Opera using Blink.

    Well, what they really did was make a crappy Chromealike skin for Blink and give the middle finger to their loyal users. Why would you download or use this instead of Chrome/Chromium? It doesn't make sense.

    Luckily, some of the original people have been actually working on a real "Opera on Blink" browser in the form of Vivaldi, which I'm really liking. Interface customization is getting better with every release, and it gives you lots of options to twiddle with (and can use some Chrome extensions). Highly recommended. I don't really know what anyone's use case for Opera would be, even on mobile it's basically just a barely modified Chrome. Maybe Opera Mini or something?

    Sam

    1. Re:It was dead anyway by xiox · · Score: 1

      I use the mobile version as it is the only browser I know which does decent reflow of text when you zoom in.

    2. Re:It was dead anyway by samwichse · · Score: 1

      Yes, that is a nice feature.

      If they would go ahead and add extension support to Opera Mobile like the teased with that developer preview a couple years ago, I would reinstall it... that would get me off mobile Firefox (ugh), which does have extension support.

      Sam

  18. They drop it to it's version 12 standard by Trax3001BBS · · Score: 1

    I start reading in Chinese.

  19. Re:Opera 10.10 Here; Does this post? by Trax3001BBS · · Score: 1

    You can still find Opera 12

    Thanks for link, was going to offer my held full version of Opera 12. It works on most sites, just fine on /.

  20. Re:dmbasso is a pedophile by Austerity+Empowers · · Score: 1

    He objects to manga being considered child porn? Ain't my thing, but doesn't that make him "a sane human being"?

  21. Re:And suddenly .. by Trax3001BBS · · Score: 1

    Why is it I can't find any references to the Tiananamen Square Massacre on the web anymore? Why do all references to "Taiwan" either refer to "Chinese Taipei" or just give a blank page? Too bad .. I really liked Opera.

    I've been watching Opera.com for awhile now, it's never gone away.
    https://www.robtex.com/en/advi...

  22. Great: Opera + Chinese Spyware by evolutionary · · Score: 1

    Think I'll get rid of Opera before there are any more updates and move to the Vivaldi web browser (created by opera guys apparently). when the Chinese nation gets their hands on anything, 2 things generally happen: Attempts to make it cheaper at our expense, or attempts to get more from us, again at our expense. I'm not saying westerns don't do some of this too, but China has a lot more practice at it. QQ and WeChat are two good examples.

    --
    "Imagination is more important than knowledge" - Einstein
  23. Re:Repeat after me: Vivaldi, Vivaldi, VIVALDI! by evolutionary · · Score: 1

    Really? I've been using it for a few months and I quite like it. It's FAST, very clear interface. Although...sometimes it's a little too clean; had to think where a few things were, but once I got over that. Plus it has a NoScript equivalent that makes Noscript look like kiddie scripts. Way more visibility and control overs scripting behavior than NoScript has.

    --
    "Imagination is more important than knowledge" - Einstein
  24. Re:Opera 10.10 Here; Does this post? by ChoGGi · · Score: 1

    They do have older version for download from opera.com
    http://www.opera.com/download/...

  25. Re:Repeat after me: Vivaldi, Vivaldi, VIVALDI! by CrashNBrn · · Score: 1

    Revisionist History? In fact we were told Opera Blink would NOT have many of O12's features. It also took over 2 years for Opera to have functioning bookmarks while the Opera Devs repeatedly claimed that we actually don't need bookmarks, users don't use bookmarks, just use SpeedDial and Stash! Yaaaaay.

    As it stands now, 4 years later. Opera 30+...? You still can't organize your extensions on the only place you are allowed to put them (the address bar).
    If you want a browser that is actually customizable - your options are Firefox and yeah Firefox. It almost galls me to say that after being an Opera user from 2000 to late 2012.

  26. Re:Repeat after me: Vivaldi, Vivaldi, VIVALDI! by CrashNBrn · · Score: 1

    Opera 12 was quite possibly the worst browser Opera has made in recent memory. Opera 10's development cycle was horrible - for most of it's existence you likely needed to use Opera 10.10 due to regressions and bugs. Opera 11's development cycle improved, then Opera 12 - bugs, regressions and the worst JavaScript engine out of all the browsers, including Opera 10 and 11.

  27. Re:Opera 10.10 Here; Does this post? by obsess5 · · Score: 1

    I remained on 11.64 for years, but too many of my favorite sites stopped rendering correctly, so I had to try out other browsers, finally settling on PaleMoon. Your (and my) using IE11 on certain sites reminded me of the early Opera days, when I had to keep a copy of Netscape(!) around for sites that didn't work on Opera way back then. And, like you point out, Opera had a lightweight, speedy feel about it, not the ponderous feel of current browsers.

  28. Re:Repeat after me: Vivaldi, Vivaldi, VIVALDI! by amicusNYCL · · Score: 1

    When did you try it? It sounds like they released the first beta in the beginning of November, the second beta in the middle of December, and they've been working on bug fixes since then. Their blog has several posts through January and this month talking about all of the fixes and improvements they're doing. The posts have well over 100 comments each, so people are actively helping them test. It sounds like they're trying to hit a deadline but I don't see any release date mentioned for the first stable version. I'll switch to Vivaldi regardless whenever the Opera deal goes through, but hopefully they're able to push out a good stable version by then. They show a lot of promise, so some random transsexual person online saying it sucks because they tried a pre-release version at some undetermined point in the future isn't exactly a great argument against using the browser (if you're wondering why it matters that you're a random "transsexual" person instead of just a random person, I would ask why you feel the need to point that fact out). I installed a version when it was initially announced and wasn't all that impressed, it had basic browser functionality, but I'm glad that they are working on it. I'm glad that anyone is working on alternative browsers, the more choice the better. The Brave browser looks interesting as well, but they just started distributing their own binaries instead of linking people to Github so they're probably a little farther behind the Vivaldi team in terms of getting to a stable version. But having features built-in to specifically block tracking and advertising is something that hopefully other people decide to emulate.

    --
    "Our two-party system is like a bowl of shit looking at itself in a mirror." - Lewis Black
  29. Vivaldi's time is now! by x_t0ken_407 · · Score: 1

    Vivaldi MUST hurry with it's stability and polish. I've been using the snapshot release(s) as my main browser for a couple months now, but still put up with a few stupid annoying bugs -- mainly extension-related. But I absolutely LOVE how customizable the interface is -- I was able to bring back my most-beloved Opera feature, tabs on the side! Everything else they're doing is so in that Opera Presto vein, that we Opera fans do truly now have a successor to the Opera Presto line. It'll be so much better once things stabilize!

  30. Re:Otter Browser by x_t0ken_407 · · Score: 1

    Interesting. I have tried Otter before...but only for a small time. Think I'll test it out again (given they have an OS X port).

  31. Re:Opera 10.10 Here; Does this post? by Trax3001BBS · · Score: 1

    They do have older version for download from opera.com
    http://www.opera.com/download/...

    Every time Version 12 has tried to update it been from a redirect to Opera.com, the address is in my hosts file now, download the link given above for version 12.4
    and do read the fact it's encrypted and requires the password: oldversion to install.

    - Opera 12 updated on me once and there no warning it just took it upon itself to do.

    - At one time (I reinstall my Win OS's regularly) for java to work with Opera 12, the new version had to be installed as well, while in a different directory it fixed Opera 12 somehow.

  32. Re:Opera 10.10 Here; Does this post? by Trax3001BBS · · Score: 1

    They do have older version for download from opera.com
    http://www.opera.com/download/...

    Every time Version 12 has tried to update it been from a redirect to Opera.com, the address is in my hosts file now, download the link given above for version 12.4
    and do read the fact it's encrypted and requires the password: oldversion to install.

    - Opera 12 updated on me once and there no warning it just took it upon itself to do.

    Damnedest thing just happened, I clicked on the link posted and was taken here http://www.opera.com/download/... -all versions from 35 to 11 are listed for download and for all OS's, so I don't what to say now.

  33. Re:Opera 10.10 Here; Does this post? by Trax3001BBS · · Score: 1

    My Bad, I misread your post as a question, and was your link I clicked on - nice find.

  34. Re:Repeat after me: Vivaldi, Vivaldi, VIVALDI! by rtb61 · · Score: 1

    What Chinese companies with the government of China's backing is actually doing, is offloading crappy US dollar debt, before the big bang. They'll be buying all sorts of stuff with the US dollars the US government owes them and whole bunch of countries are going to get burdened with what looks to become a pretty vaporous currency, they are basically swapping dollar debt for capital assets (shh, the era of the petro-dollar has come to an end).

    --
    Chaos - everything, everywhere, everywhen
  35. Re:Repeat after me: Vivaldi, Vivaldi, VIVALDI! by malditaenvidia · · Score: 1

    Revisionist History? In fact we were told Opera Blink would NOT have many of O12's features.

    Yeah, a few versions into the switch.

  36. Instagram is growing. Opera is dying. by laserhead · · Score: 1

    Instagram is growing. Opera is dying. That is very different.

  37. Fastmail split from Opera in 2013 by chris-chittleborough · · Score: 1
    Fastmail achieved a staff buyout in 2013. That is, the staff bought the company from Opera.

    Full disclosure: I use (and highly recommend) Fastmail.

  38. Re:sorry, but it's dead by toddestan · · Score: 1

    Bing Maps is better than Google Maps. I especially like the Bird Eye view feature it has. It's always kind of funny when someone asks how I made Google Maps do that, and then I have to tell them it's Bing...