Opera would cost Facebook over $1 billion: analysts

In this photo illustration, a Facebook logo on a computer screen is seen through a magnifying glass held by a woman in BernOSLO (Reuters) – Opera Software would cost Facebook over $1 billion as competition from Google and others could push up the price tag, analysts said on Tuesday, as takeover talk pushed the shares up as much as 26 percent on Tuesday. Oslo-listed Opera, coveted for its advanced mobile phone software technology, would be a perfect fit for Facebook but the firm’s business is also vital for some of the industry’s biggest players so any bid is likely to attract others to the table. “Opera would be sensible for Facebook on several levels,” Arctic Securities said. …

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