Opera shares surge on Facebook speculation

Opera, the Norwegian marker of Internet browsers, surged the most on record in Oslo after it was reported that Facebook may try to acquire the company.

29th May, 2012
Facebook may see Opera as a shortcut into the consumer technology market.

Opera Software ASA, the Norwegian marker of Internet browsers, surged the most on record in Oslo after technology website Pocket-Lint reported that Facebook may try to acquire the company.

Opera gained as much as 26 per cent, the biggest jump since it first sold shares in 2004. The Oslo-based company rose 18 per cent to 40.5 kroner earlier, giving it a market value of 4.85 billion kroner (€644 million).

Opera is the last major independent browser left, with the others...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago