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Opera Software

@otellocorp.com

Former browser giant, based in Norway, now known as Otello Corporation.

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Opera Software, headquartered in Oslo, Norway, is a leading provider of web browsers, advertising solutions, and other internet-based products. Founded in 1995 with the aim of developing a better internet experience, Opera has since become a globally recognized brand. Opera's flagship product is its web browser, which boasts innovative features such as a built-in ad blocker, VPN, and customizable interface.


It is known for its fast browsing speed and user-friendly interface, making it a popular choice among both individuals and businesses. Additionally, Opera offers a mobile version of its browser, compatible with various operating systems including Android and iOS. In addition to its browsers, Opera provides advertising solutions through its subsidiary, Opera Mediaworks.


This division specializes in mobile advertising and offers a range of services including display ads, video ads, and rich media ads. Opera Mediaworks operates globally and partners with mobile publishers and advertisers to deliver targeted and engaging advertisements. Opera's global presence is further strengthened through its partnerships and subsidiaries.


Opera Software ASA is the parent company, while Opera Software AS operates the software business. Notably, Opera Software has a joint venture with Qihoo 360, a leading Chinese internet security company, which allows them to reach a wider audience in the Chinese market. Opera also has a partnership with several smartphone manufacturers including Samsung, Xiaomi, and Micromax, to pre-install its browser on their devices.


Opera Software has established a strong market position, particularly in emerging markets where its lightweight browser and data-saving features have gained popularity. Its global market share is around 2%, with competitors such as Google Chrome, Mozilla Firefox, and Microsoft Edge dominating the market. Despite being a smaller player, Opera has managed to differentiate itself through its unique features and user-centric approach.


In recent years, Opera Software has undergone significant changes, including the sale of its consumer business to a Chinese consortium in 2016. This move allowed the company to focus on its browser and advertising solutions. In 2018, the company announced its intention to transition to a public subsidiary, which led to an initial public offering on the Nasdaq stock exchange in July 2018.


Currently, Opera Software continues to innovate and expand its product offering, with a particular focus on the mobile market. The company maintains a strong presence in both developed and emerging markets, ensuring its relevance in the highly competitive browser industry

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