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Opera buys Skyfire for $155mm; moving to WebKit


Opera buys Skyfire for 155mm; moving to WebKit

Source: techcrunch.com

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Catherine Shu writes:

Opera Software is buying mobile video optimization and cloud solutions provider Skyfire Labs for about $155 million in cash and stock, the Oslo-based company announced today. The news comes a few days after after Opera revealed that it plans to transition its Web browsers to WebKit to increase competitiveness on Android and iOS. Skyfire will remain open as a wholly-owned subsidiary of Opera and will continue to develop and support the Skyfire browser.

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“Skyfire adds capabilities to our portfolio around video, app optimization, smartphones and tablets, and strength in North America. With video expected to consume over two-thirds of global mobile bandwidth by 2015, and as time spent on Android and iOS apps explodes, we are excited to extend Opera’s solutions for operators,” said Opera CEO Lars Boilesen in the release.

Is it safe to say that WebKit has won?

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