Convera (CNVR) Sells RetrievalWare business for $23M

April 2, 2007 7:18 AM EDT

Convera Corporation (Nasdaq: CNVR) announced that Fast Search & Transfer has agreed to purchase the assets of its RetrievalWare business for $23 million in cash.

Under the terms of the agreement, FAST will retain Convera professionals serving its enterprise search customers.


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