Convera Closes Firstlight Merger

Feb 16, 2010


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Convera Corporation announced a merger of its operating subsidiaries with Firstlight Online Limited. Convera now owns 33.3% the total outstanding common stock of Vertical Search Works, Firstlight's parent company, and adjustments may take that number up to 42%. The original shareholders of Vertical Search Works own the remaining shares of the new company.

(www.convera.com; www.firstlightera.com)