Opera developed its own engine to render web pages. The project began in April 1994 with version 1.0 completed in April 1995. Opera 1.0 was an in-house project to demonstrate that Telenor’s programmers were capable of creating a compliant browser. In 1995, Opera was split off into a separate company, Opera Software SA, which remained in Norwegian hands until mid-2016, when the entire Opera browser business was purchased by a Chinese consortium for $600 million, leaving the parent company with Opera Apps & Games and Opera TV. The Opera browser was begun by Telenor, the leading Norwegian telecom company, in early 1994.
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