Opera Software to develop remaining business rather than sell


  • TECH
  • Wednesday, 21 Dec 2016

Bracing himself: Boilesen expected the market for mobile advertising to remain tough into the first quarter of next year.

OSLO: Norway's Opera Software remains focused on developing its remaining business units rather than selling more, its chief executive said following the divestment of its TV business on Tuesday. 

"Now we have to focus on developing the four companies we have left, that is the only strategy we have," Lars Boilesen told Reuters after selling the TV unit to tech-focused investment firm Moore Freres.

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