If Facebook wants to buy Opera Software, the Norwegian browser maker's price tag just went up.
After last week's rumors that Facebook was considering acquiring Opera, Opera's stock price leaped 20 percent, or 6.70 Norwegian kroner, to a price of about 41 kroner ($6.83) in trading today.
That gives the company a market cap of $811 million, or as Internet wags would have it with today's exchange rate, about 0.8 Instagrams.
That's a lot of money, even before any premium. And Opera founder Jon S. von Tetzchner, who controls 10.1 percent of its stock through Dvorzak Invest, … Read more