Chinese Consortium buys Opera browser for $600 Million

I wrote about the free Opera web browser three months ago at https://goo.gl/RRd8Dp. Opera says its light, quick browser is used by more than 350 million consumers worldwide. I praised the Norwegian company’s inclusion of a high-security VPN in the product at no charge. Norwegian laws offer strong protection of the privacy of individuals. However, a Chinese consortium now is purchasing the Opera internet browser for $600 million (543 million euros), its Norwegian developer said Monday, after a public share offer for the company failed. I now am not so certain that I would trust a VPN being offered by a Chinese company.

Golden Brick Silk Road fund will become the new owner of Opera after regulatory approval for the buy-out. The Golden Brick Silk Road fund is a Chinese consortium which also owns cybersecurity specialist Qihoo 360, a provider of free protection and anti-virus security for Macintosh systems. You can read more about Qihoo 360 at https://en.wikipedia.org/wiki/Qihoo_360 and at the company’s web site at https://www.360totalsecurity.com/features/360-total-security-mac. You can read more about the somewhat complicated details of the deal at http://www.ghacks.net/2016/07/18/opera-software-sale-not-happening/.

Would you trust a VPN produced by a Chinese company?

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