Opera Software |
Opera Software, founded on .
Opera Software had an Initial public offering in February 2004, and was listed on the Oslo Stock Exchange March 11 2004.
On May 18, 2004, Opera Software settled a lawsuit:
: Opera Software ASA has settled legal claims with an international corporation resulting in payment to Opera of net USD 12.75 million. The other party is not a customer of Opera and the settlement does not negatively impact future revenues. The entire amout will be booked in Q2.
: Details are confidential pursuant to the settlement agreement.
It is widely theorized that the international corporation named above is Microsoft, who it was previously reported had blocked Opera users from correctly viewing MSN.com. [http://news.com.com/2100-1023-274998.html]
The introduction in August 2005 of Opera Mini [http://www.opera.com/pressreleases/en/2005/08/10/], a J2ME-based web browser for mobile phones marketed not to end users but to mobile network operators, possibly marks a new direction towards directly revenue generating business, making the company less dependent on give-away and advertising-based Internet software.
On September 20 2005, Opera announced that it will be removing the advertising from the browser which up to that point displayed an advertising banner unless a user purchased a license. This decision renders the software freeware for individual use. The software remains, however, closed-source. The move was made in hopes that it would prompt more users to switch to the Opera browser.
=See also=
=External links=
*[http://www.opera.com/company/ Opera Software] *[http://www.oslobors.no/ob/aksje_kursutviklinglanguageID=1&p_instrid=ticker.ose.OPERA&menu2show=1.1.2.1. Opera Software Stock ticker at Oslo Stock Exchange] *[http://news.com.com/Microsoft+behind+%2412+million+payment+to+Opera/2100-1032_3-5218163.html Microsoft behind $12 million payment to Opera (News.com)]|
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