Opera Scoops Up Mobile Ad Company
Today Opera Software announced that it has purchased AdMarvel, a company that provides mobile advertising solutions. AdMarvel is based in San Mateo, Calif., and Opera is based in Oslo, Norway. According to Opera, the acquisition will let it expand its portfolio to include ad monetization services for its browser products, as well as the products and services offered by its network operator partners. Opera spokesperson Thomas Ford told Phone Scoop in an email that the terms of the acquisition were "$8 million now and a $15 million in cash consideration if aggressive financial goals are met within 24 months." Apple and Google have both recently acquired mobile advertising firms.
Opera Hopes New Android Browser Will Push Growth
Opera Software today announced a wholly refreshed version of Opera Mini for Android devices. Opera gave the browser a new user interface based on Material Design, which lends the browser a more native look and feel to Android devices.
Opera Ad Blocker Now Available to Android, iOS, Windows
Opera updated several of its mobile browsers today, bringing its ad blocking tool to Android, iOS, and Windows handsets. First, Opera refreshed its main Opera browser for Android.
Opera to Sell Browser Business to Chinese Firms for $600M
Opera Software today scrapped plans to sell its entire business to a consortium of Chinese companies and will instead sell to them its consumer browser business. The original deal, valued at $1.2 billion, would have seen a handful of China-based investment firms take over all of Opera's businesses.
Opera Mini for Windows Phone Exits Beta
Opera today said its Opera Mini web browser is now available as a stable release for Windows Phone. The browser had been available as a beta for several months.