Opera and Google renew search agreement

Opera (NASDAQ:OPRA) has renewed its commercial agreement with Google (NASDAQ:GOOGL) for the distribution of Google Search in Opera browsers, maintaining a partnership that dates back to 2001.

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Rhea-AI Summary

Opera (NASDAQ:OPRA) has renewed its commercial agreement with Google (NASDAQ:GOOGL) for the distribution of Google Search in Opera browsers, maintaining a partnership that dates back to 2001. The new agreement is set on substantially similar terms to previous contracts and underscores Opera's strategy to enhance user experience through collaboration with a major search engine. This continuation reflects Opera's commitment to leveraging its extensive user base of hundreds of millions and its diversified product offerings, including browsers, news, and gaming apps.

Positive

Renewal of the search distribution agreement with Google enhances user experience.
Ongoing partnership since 2001 reinforces brand loyalty and performance.

Negative

None.

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12/20/2021 - 08:00 AM EST

OSLO, Norway, Dec. 20, 2021 /PRNewswire/ -- Opera (NASDAQ:OPRA) today announced the renewal on substantially similar terms of the multi-year commercial agreement to distribute Google Search in Opera browsers. Opera has had a search distribution agreement with Google (NASDAQ: GOOGL) since 2001.

About Opera

Opera is a global web innovator with an engaged and growing base of hundreds of millions of monthly active users who seek a better internet experience. Building on over 25 years of innovation that started with browser products, Opera is now leveraging its brand and highly engaged user base in order to expand its business into new segments. Today, Opera offers users around the world a range of products and services that include PC and mobile browsers, the newsreader Opera News, and apps dedicated to gaming, e-commerce and classifieds. Opera is headquartered in Oslo, Norway and listed on the NASDAQ stock exchange (OPRA).

Learn more about Opera at www.investor.opera.com or on Twitter @InvestorOpera.

View original content to download multimedia:https://www.prnewswire.com/news-releases/opera-and-google-renew-search-agreement-301448072.html

SOURCE Opera Limited

FAQ

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What does the renewed agreement between Opera and Google entail?

Opera has renewed its agreement with Google for distributing Google Search in its browsers, maintaining similar terms as before.

How long has Opera been partnered with Google?

Opera has been partnered with Google since 2001.

What is Opera's stock symbol?

Opera's stock symbol is OPRA, and it is listed on NASDAQ.

What significance does the Opera and Google agreement hold for shareholders?

The renewed agreement potentially enhances Opera's value by maintaining a strong user engagement through Google Search.

When was the Opera and Google agreement renewed?

The agreement was renewed on December 20, 2021.

Opera and Google renew search agreement