Browser maker Opera in line for $1.2bn acquisition by Chinese consortium

Company's board of directors recommends that offer be accepted, shortly after revealing it has 281m mobile users and 59m desktop users

Norwegian web-browser maker Opera Software is on the verge of being bought for $1.2bn by a consortium of Chinese investors and software companies.

Opera's board of directors has recommended that the acquisition offer be accepted by its shareholders, having been searching for a buyer since August 2015.