Aurea Acquires BroadVision
March 30, 2020
Aurea Software, backed by ESW Capital, has acquired BroadVision, a pioneer in complex document creation, management and collaboration tools. The deal was completed as part of a pre-packaged Chapter 11 reorganization: BroadVision shareholders are to receive at least $4.375 per share and ESW Capital will receive the shares of the reorganized company. Aurea plans to integrate BroadVision's capabilities into its Aurea Unlimited enterprise software library to strengthen its collaboration offerings.
- Buyers
- Aurea Software, Inc., ESW Capital LLC
- Targets
- BroadVision
- Sellers
- BroadVision shareholders
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
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