Privately held Norwegian technology company Opera Software, maker of the increasingly popular Opera Web browser that serves as an alternative to Microsoft’s Internet Explorer, has announced its intentions to offer an initial public offering next month. The company, which also reported fourth-quarter revenue growth of more than 100 percent over the prior year’s fourth quarter, said its technology and commercial initiatives have advanced to a point at which they warrant an IPO. Opera indicated it will use the anticipated listing gains to push its browser further into the consumer and mobile markets.
We have used Opera for years and recently decided to bring Opera to our customers. More details in our press release: http://www.prweb.com/releases/2004/2/prweb104717.htm
Opera Bets on IPO To Fight Microsoft for Market Share
Posted by: Jay Lyman February 9, 2004 02:05 PMPrivately held Norwegian technology company Opera Software, maker of the increasingly popular Opera Web browser that serves as an alternative to Microsoft’s Internet Explorer, has announced its intentions to offer an initial public offering next month. The company, which also reported fourth-quarter revenue growth of more than 100 percent over the prior year’s fourth quarter, said its technology and commercial initiatives have advanced to a point at which they warrant an IPO. Opera indicated it will use the anticipated listing gains to push its browser further into the consumer and mobile markets.