Facebook to Expected to acquire Opera Software for a $1 Billion

29 May, 2012 Samsung

Facebook Opera


After acquire Instagram for a $1 billion dollars, Zuckerberg, Facebook CEO, is expected to acquire Opera Software too, according to recent reports.

The reason Facebook might be interested in acquiring Opera is the increased mobile traffic to the social network, which the company is unable to fully take advantage of. Buying Opera might be a huge step in solving this problem, according to analysts, and if Zuckerbeg wants to make this happen, he might have to fork out north of a billion dollars.



Because of various rumors on the matter, Google and other competition have also claimed interest in the Oslo-based company. This led to a 26 percent jump in Opera's shares today, making the company worth a bit over $1 billion. The norwegian bank DNB has valuated Opera at $1.35 billion.


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