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Opera Software is a Norwegian corporation, primarily known for its Opera suite of internet applications. Founded on , a type of Corporation in Norway . Opera Software had an IPO in February 2004 , and was listed on the Oslo Stock Exchange March 11 2004 . On May 18 , 2004 , Opera Software settled a lawsuit: Opera Software ASA has settled legal claims with an international corporation resulting in payment to Opera of net USD 12.75 million. The other party is not a customer of Opera and the settlement does not negatively impact future revenues. The entire amout will be booked in Q2. Details are confidential pursuant to the settlement agreement. It is widely theorized that the 'international corporation' named above is , 2006 . The introduction in August 2005 of ", 2006 a Java ME based web browser for Mobile Phone s marketed not to end users but to Mobile Network Operator s, possibly marks a new direction towards directly Revenue generating business, making the company less dependent on give-away and advertising-based Internet software. On September 20 2005 , Opera announced that it would remove the advertising from its browser and remain free of charge. Although Opera was free to download and use, it displayed an advertising banner unless the user purchased a license. The move was made in the hope that it would prompt more users to switch to the Opera browser. NOTES AND REFERENCES SEE ALSO
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