Opera is announcing that it’s shopping for Skyfire Labs, finest identified for the Flash-compatible Skyfire net browser for iOS and Android, for $155 million. The acquisition is primarily for the corporate’s Rocket Optimizer — software that reduces the scale of streaming video and different media when it’s being transmitted over congested cell networks. Opera says that Skyfire can detect when customers are having a nasty expertise and alter the standard “in milliseconds,” which it believes shall be more and more essential as the amount of video on the internet continues to develop. Skyfire at present licenses Rocket Optimizer and Skyfire Horizon — a browser extension and toolbar platform — to a few “giant” US cell suppliers, and is in talks with others exterior the nation.
The thought is to allow new enterprise fashions like ad-supported and toll-free knowledge
By collaborating, the 2 corporations hope to construct on Opera’s Web Pass — a sort of limitless day cross for apps and web sites. The thought is to allow new enterprise fashions like ad-supported and toll-free knowledge, one thing AT&T has said it plans to release someday later this yr.
After the deal is full, CEO Jeffrey Glueck will deal with double obligation as VP of Operator Business for Opera whereas remaining head of Skyfire, which is able to turn into a wholly-owned subsidiary of the corporate.
