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Opera Rebrands to Otello Corporation

The Norway based Opera, which is popular for its Browser is now rebranding to Otello Corporation and it also plans to change current Opera ticker on the Oslo Bourse, although a new trading symbol is yet to come.

The company has sold its internet browser business in 2016, to the Golden Brick Capital Private Equity Fund (which includes Qihoo 360, antivirus and browser developer). And maybe because of that, the new Otello corporation wants to distinguish itself from its browser business.

The deal for the acquisitions was set for $600 millions and the deal closed in November this year. So, what’s your thought about the rebranding??? Do let us know your thoughts in the comments section below!

 

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Source: Reuters

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