Opera Sells Its TV Business

Posted by at 11:38 am on December 20, 2016

Opera Software said it has sold its connected TV business to Moore Frères & Company, an investment and holding firm.

Opera TV’s software allows smart TVs and other connected consoles to stream video over the internet. Opera Software has already divested its mobile and desktop browser business.

The company remains committed to its remaining business units, which include the Skyfire cloud service for phone network operators, Bemobi for mobile apps and games, and SurfEasy for mobile VPNs.

The transaction with Moore Frères & Company is valued at about $80 million.

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