Kunlun Tech and Qihoo 360 made a $1.2bn for Opera.

Synopsis

Chinese consumer tech companies Kunlun Tech and Qihoo 360 made a $1.2bn for Opera, a Norwegian tech firm. The bid failed over concerns over users’ privacy, a key concern for US authorities

Principals

target

Otello Corporation Asa

bidder

Beijing Kunlun Tech Co

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Market Context

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Seller Team (1)

lars boilesen

CEO at OTELLO CORPORATION ASA

Manager

target

Deals

£ 1.12 B

Total Value

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