BroadVision Acquires Interleaf

BroadVision, Inc. provides e-business solutions that enable the enterprise and its employees, partners and customers to stay actively engaged, socially connected and universally organized to achieve greater business results. BroadVision solutions, include Vmoso for virtual, mobile, and social business collaboration and Clearvale for enterprise social networking. Both Vmoso and Clearvale are owned and being developed by BroadVision’s consolidated 19.9 percent-owned subsidiary, Vmoso, Inc. (VMSO), and are available globally in the cloud via the Web and mobile applications.

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Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.

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