December 20, 2016 / 9:02 AM / 7 months ago

BRIEF-Opera Software CEO says focus on existing business, not to divest more

1 Min Read

Dec 20 (Reuters) - Opera Software Asa CEO Lars Boilesen told Reuters on Tuesday:

* Boilesen said sale of Opera TV came on request from Moore Freres and at a good price

* Said focus going forward is to develop existing business, not to divest more

* To develop the four remaining business areas is the only strategy the firm have

* Nevertheless CEO will not rule out more sales if right offer shows up

* A tough market persists for mobile advertising, might take 5-6 months to see improved market

* Firm needs to streamline mobile advertising business and take a close look at costs

* Sale of consumer business earlier this year took a lot of time an focus and that will change now Further company coverage: (Reporting By Ole Petter Skonnord)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below