Aurea Software to Buy BroadVision

Aurea Software announces intention to buy BroadVision as part of a pre-packaged, Chapter 11 corporate reorganization with Aurea’s parent, ESW Capital, providing funding for the acquisition and ongoing operations.

• BroadVision expects shareholders to receive at least $4.375 per share of BVSN common stock
• ESW will receive all shares of the reorganized company
• Companies expect the acquisition process to conclude in May 2020

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Chakradhar Adusumilli at cadusumilli@bloomberg.net

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