Opera browser sold to a Chinese consortium for $600 million

After a $1.2 billion deal fell through, Opera has sold most of itself to a Chinese consortium for $600 million. The buyers, led by search and security firm Qihoo 360, are purchasing Opera's browser business, its privacy and performance apps, its tech licensing and, most importantly, its name. The Norwegian company will keep its consumer division, including Opera Apps & Games and Opera TV. The consumer arm has 560 workers, but the company hasn't said what will happen to its other 1,109 employees.
Read more: https://www.engadget.com/2016/07/18/opera-browser-sold-to-a-chinese-consortium-for-600-million/?source=Snapzu