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Otello Corporation ASA (formerly Opera Software ASA)

Posted on November 28, 2020November 28, 2020

Otello Corporation ASA (formerly Opera Software ASA) is a Norwegian internet company which develops advertising and mobile solutions for operators, publishers and advertisers.

It operates through its subsidiaries which include AdColony (formerly Opera Mediaworks), a mobile advertising platform and network, Bemobi, a subscription-based mobile application and game discovery service, and Skyfire Labs, which provides mobile operators cloud based access for network management and video optimization, and advertising facilitation.

Opera Software ASA was founded as a holding company for Opera products and businesses. It changed its name to Otello Corporation after it sold off its web browser and consumer business along with the Opera brand (Opera Software AS) to a Chinese consortium of investors.

While initially it planned to wholly sell itself off to the consortium the deal did not go through due to regulatory approvals, it settled by selling its consumer-facing web browser business instead.

Traded as:           OSE: OTELLO

Industry:              Software;    Internet;    Advertising

Founded:            June 22, 1995; 25 years ago in Oslo, Norway

Headquarters:   Oslo, Norway

Services:              Online advertising;    Mobile apps;    Data optimization

Divisions:             Business sales;    Information technologies

Subsidiaries:      

  • AdColony Inc.
  • Bemobi Midia e Entretenimento Ltda.
  • Skyfire Labs

Website:              www.otellocorp.com

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