Opera Spins Off Ad Business

By | February 27, 2013 | 2 Comments


Opera Spins Off Ad BusinessAcquisition rumors reemerge

With not so recent rumors about the upcoming Opera acquisition by Facebook (or possibly other companies), Opera Software has just announced that they will be spinning off their ad business into a separate entity: Opera Mediaworks, which, according to them, is now the largest mobile advertising network in the world.

However, while the spinoff itself is not exactly news worthy, ZDNet notes that Opera Software is now a much easier sell because a third party company can acquire its browser business without touching mobile advertising unit or vice versa.

Whether or not we will see that this year, only time will tell.

[Thanks, Tibor]


About (Author Profile)


Vygantas is a former web designer whose projects are used by companies such as AMD, NVIDIA and departed Westood Studios. Being passionate about software, Vygantas began his journalism career back in 2007 when he founded FavBrowser.com. Having said that, he is also an adrenaline junkie who enjoys good books, fitness activities and Forex trading.

  • Guest

    Crappy Facebook browser that is nothing more than a Chromium reskin

    • jayjam

      Aww, someone is grumpy today!