Facebook buys Opera for creating its own browser

The largest social networking site Facebook in talks to buy the company, which produces desktop and mobile browser Opera. Opera Software Cost is estimated at 700 million dollars. It is assumed that its own Web browser, social network will take a strong position in the market.

 

According to Pocket-lint, citing anonymous sources in the foreseeable future the market will be a browser «Facebook», which will inform users about updates to social networks and provide advanced integration features. Now Facebook guide discusses the purchase of Opera Software, which designs the famous web-browser.

“Facebook and Google. We will see a fight of two technology giants”- anticipates Pocket-lint.

At the end of last week, Google Chrome first  walked on the popularity of its main competitor - Microsoft Internet Explorer, placing first in the world market. The share of Chrome for the week 14 to May 20 amounted to 32,76%, Internet Explorer - 31,94%. Less than six months ago, the Google Chrome browser was able to bypass the first time Mozilla Firefox, which now occupies the third place with 25.47%

 

After releasing its own browser, Facebook will expand its presence in this market, in order to compete with Google, Apple, Microsoft and Mozilla. Such a move, no doubt, could change the balance of power in the market in the long run.

Opera is already a fairly influential in the mobile market which is growing rapidly, and the desire to capture the Facebook strong position in this field indicates the recent acquisition of Instagram application for smartphones. 

Representatives of Facebook and Opera declined to comment.  "The standard policy of the company - not to respond to market rumors, so we have no comments on this rumor," - reported in Opera.

Another technology blog Thenextweb conducted its own investigation. First, the management of the Norwegian company, the newspaper writes, indeed in talks with potential buyers and is considering to join  "the larger private or public company." Second, the company introduced a moratorium on hiring new employees.