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Chinese takeover of Norway’s Opera fails, alternative proposed

A $1.2 billion takeover of Opera Software by a group of Chinese internet firms fell through on Monday after failing to get regulatory approval in time, sending the Norwegian browser firm’s shares to a seven-month low.

The deal needed a green light from the United States and China, and one firm in the Chinese consortium said U.S. privacy concerns would have led to an investigation into some of Opera’s products that risked delaying the acquisition for up to a year.

I wonder what Opera really has to offer at this point – and I don’t mean that as in, what does it have to offer as a browser to us as consumers, but what does it have to offer as a takeover target. I’m assuming the days of Opera Mini – which did well on things like the Wii – are over, so what’s the package, here?

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