Opera Software - Definition and Overview

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Opera Software develops the popular Opera web browser and is highly involved in promoting web standards through participation in the W3C.

Opera Software had an IPO in February 2004, and was listed on Oslo Stock Exchange March 11 2004.

On May 18, 2004, Opera Software settled a lawsuit:

Opera Software ASA has settled legal claims with an international corporation resulting in payment to Opera of net USD 12.75 million. The other party is not a customer of Opera and the settlement does not negatively impact future revenues. The entire amout will be booked in Q2.

Details are confidential pursuant to the settlement agreement.

It is widely theorized that the 'international corporation' named above is Microsoft, who it was previously reported had blocked Opera users from correctly viewing MSN.com. [1] (http://news.com.com/2100-1023-274998.html)

External links

• Opera Software (http://www.opera.com/company/)
• Opera Software Stock ticker at Oslo Stock Exchange (http://www.oslobors.no/ob/aksje_kursutvikling?languageID=1&p_instrid=ticker.ose.OPERA&menu2show=1.1.2.1.)
• Microsoft behind $12 million payment to Opera (News.com) (http://news.com.com/Microsoft+behind+%2412+million+payment+to+Opera/2100-1032_3-5218163.html)