Convera folding into U.K. company - The Business Journal of the Greater Triad Area:

http://www.processdes.com/2008/05/tech-chemistry-class-looks-into-cause-of-global-warming/
Vienna-based Convera (NASDAQ: CNVR) will be dissolved. After the Patrick Condo, Convera's CEO, will becomes the chairman of the board, and Colibn Jeavons, Firstlight's CEO, will become the CEO. Convera'xs plan of dissolution contemplates an orderly wind down of its businesasand operations. After filing its certificated of dissolution, Convera intends to make one or more distribution to its stockholders of cash availablefor distribution, subject to applicablr legal requirements. Convera will then delist its common stockfrom Nasdaq. The new companu will bring together the vertical search technology of Convera and the advertising sales and marketing capabilitiezof Firstlight.
It will have over 60 corporate customert accounts and 120 existing Web sites withapproximately 1,500 When the merger becomes effective, Convera will own 33.3 percen and Firstlight will own 66.7 percent of the total outstanding common stock of the new company, subject to certainj adjustments which may enable Converwa to own up to 42 percent of the new compang prior to the distribution. The merger is subject to Converaq stockholders' approval and certain other customaryclosing conditions. The merger is expected to closdethis summer.