By John McCarthy

Norwegian company Opera has sold its internet business to a Chinese conglomerate headed by Qihoo 360.

Having previously had a $1.2bn sale of the entire company to the group blocked by regulators, Opera has sold on a quarter of its business leaving Opera Mediaworks, Opera Apps & Games and Opera TV.

The Chinese group has acquired the Opera branding and trademark leaving the remaining Norwegian entity 18 months to find a new name.

Lars Boilesen, chief executive of Opera, said: “We all tried very hard to close the public offer and are naturally disappointed that we were unsuccessful. However, we believe that the Read full story ›

Source: The Drum