Opera agrees to sell its browser business to group of Chinese buyers for $600 million

After a previous deal fell through, Opera has reached an agreement to sell the mobile and desktop browser portion of its business to a group of Chinese companies for an estimated $600 million. Opera will retain its advertising business in a bid to avoid a long regulatory holdup.

The lead investor among the buyers is Kunlun Tech Co., a Beijing-based company that operates the Brothersoft desktop app store and 1Mobile Android app market.

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Opera agrees to sell its browser business to group of Chinese buyers for $600 million was written by the awesome team at Android Police.

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