Opera has just announced statement that KUNLUN and 360 spent $1.2 billion to acquired Opera. KUNLUN and 360 are financed by Golden Brick and Yonglian.

LUNKUN revealed the acquisition details that KUNLUN, 360 and Golden Brick constitute of a buyer group to establish a special fund for the acquisition of Opera.

The partners for special fund are classified as priority and second rate. The second rate partners account for 20% of its total assets. The KUNLUN accounts for 70% of second rate assets, 360 accounts for 20% of the second rate assets, while Golden Brick accounts for 10%. Therefore, KUNLUN spent $168 million, 360 spent $48 million and Golden Brick spent $24 million.

Opera was established in 1995 that locates in Oslo, Norway. It was listed on the Oslo Stock Exchange, with a $146 million of total capital stock. Opera is one of the most famous browsers in the world.

Opera was welcome by the worldwide for its quick, handy and compatible features. Opera would avail of over one billion worldwide consumers to promote advertises for its publishers.

The revenue of Opera of 2015 was $615 million. The gross profit was $367 million. The adjusted EBITDA was $108 million.

KUNLUN claimed that Opera is the world renowned browser and with a great amount of consumers and networking platforms. Combined with its networking product operation and monetization experience, Opera will contribute to KUNLUN for a healthy worldwide networking ecological system.