Tag Archives: Opera Software

Report: EU to hit Microsoft with 'large fine' Wednesday

European antitrust regulators will slap Microsoft with a “large fine” Wednesday for failing to live up to a 2009 settlement that requires it to offer Windows users a browser ballot, the New York Times reported Tuesday.

According to the newspaper, the European Commission is expected to announce fines tomorrow in the eight-month-old investigation into Microsoft’s omission of a browser choice screen.

Tuesday’s report added to a drumbeat of looming penalties, first sounded last week by the Reuters news service, which said that European officials would impose a fine before the end of March.

The browser ballot was the result of a deal Microsoft struck with the Commission in late 2009 after officials fielded a complaint from Norwegian browser maker Opera Software. Opera accused Microsoft of manipulating the battle for browser share by tying Internet Explorer (IE) to Windows.

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Source: FULL ARTICLE at PCWorld

Opera acquires Skyfire Labs for its speedy mobile technology

Browser developer Opera Software will acquire Skyfire Labs, which develops technology to speed video delivery over mobile networks, the companies said Friday.

The deal is valued at US$155 million, which includes a mix of cash and stock and expected performance based earn-out payments over the next three years, Opera said in a news release. The deal is expected to close before March 15.

Skyfire, based in Mountain View, California, supplies three large U.S. mobile operators with its Rocket Optimizer software, which compresses video and other multimedia content for faster delivery over 3G and LTE networks.

The company says its software gives mobile networks a 60 percent increase in bandwidth capacity, which helps when mobile networks are experiencing high traffic. It says Rocket Optimizer detects and intervenes when users are experiencing poor-quality connections.

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Source: FULL ARTICLE at PCWorld