Moore Frères buys majority of Opera Software
Moore Frères & Company has acquired a majority of Opera Software ASA. Financial terms weren’t announced. Opera Software develops cloud and embedded software that allows video streaming directly consumers’ living rooms via the Internet, to devices such as Smart TVs, Blu-ray disc players, set-top boxes and video game consoles. Morgan Stanley Senior Funding and Morgan Stanley Credit Partners is providing financing. Opera was advised by Carnegie Investment Bank. A. Mark Getachew of Willkie Farr & Gallagher LLP, as well as financial advisor Quintus Partners and accounting firm BDO represented Moore Frères.
20 December 2016•5 mins read
