BROADVISION INC
S-1/A, 1996-05-09
PREPACKAGED SOFTWARE
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<PAGE>
   
      AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MAY 9, 1996
    
   
                                                       REGISTRATION NO. 333-3844
    
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
 
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                            ------------------------
   
                                AMENDMENT NO. 1
                                       TO
                                    FORM S-1
    
                             REGISTRATION STATEMENT
                                     UNDER
                           THE SECURITIES ACT OF 1933
                            ------------------------
                               BROADVISION, INC.
             (Exact name of registrant as specified in its charter)
                            ------------------------
 
<TABLE>
<S>                              <C>                            <C>
           DELAWARE                          7372                  94-3184303
 (State or other jurisdiction    (Primary Standard Industrial   (I.R.S. Employer
     of incorporation or         Classification Code Number)     Identification
        organization)                                               Number)
</TABLE>
 
                            ------------------------
 
                               333 DISTEL CIRCLE
                              LOS ALTOS, CA 94022
   
                                 (415) 943-3600
    
              (Address, including zip code, and telephone number,
       including area code, of registrant's principal executive offices)
                            ------------------------
 
                                  PEHONG CHEN
                     PRESIDENT AND CHIEF EXECUTIVE OFFICER
                               BROADVISION, INC.
                               333 DISTEL CIRCLE
                              LOS ALTOS, CA 94022
   
                                 (415) 943-3600
    
           (Name, address, including zip code, and telephone number,
                   including area code, of agent for service)
                            ------------------------
 
                                   COPIES TO:
 
<TABLE>
<S>                                       <C>
         KENNETH L. GUERNSEY                       THOMAS A. BEVILACQUA
           CYDNEY S. POSNER                           THOMAS J. LIMA
         PATRICK D. WALRAVENS                Brobeck, Phleger & Harrison LLP
  Cooley Godward Castro Huddleson &                     One Market
                Tatum                               Spear Street Tower
    One Maritime Plaza, 20th Floor               San Francisco, CA 94105
       San Francisco, CA 94111                        (415) 442-0900
            (415) 693-2000
</TABLE>
 
                            ------------------------
 
        APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC:
   AS SOON AS PRACTICABLE AFTER THE REGISTRATION STATEMENT BECOMES EFFECTIVE.
                            ------------------------
 
    If  any of the securities being registered on this Form are to be offered on
a delayed or continuous basis pursuant to  Rule 415 under the Securities Act  of
1933, please check the following box. / /
 
    If  this Form  is filed  to register  additional securities  for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following box
and list  the  Securities  Act  registration statement  number  of  the  earlier
effective registration statement for the same offering. / /
 
    If  this Form  is a post-effective  amendment filed pursuant  to Rule 462(c)
under the Securities Act, please check the following box and list the Securities
Act  registration  statement  number  of  the  earlier  effective   registration
statement number for the same offering. / /
 
   
    If  delivery of the prospectus is expected  to be made pursuant to Rule 434,
please check the following box. / /
    
                            ------------------------
 
    THE REGISTRANT HEREBY  AMENDS THIS  REGISTRATION STATEMENT ON  SUCH DATE  OR
DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT SHALL
FILE  A  FURTHER  AMENDMENT  THAT  SPECIFICALLY  STATES  THAT  THIS REGISTRATION
STATEMENT SHALL THEREAFTER BECOME EFFECTIVE  IN ACCORDANCE WITH SECTION 8(A)  OF
THE  SECURITIES ACT  OF 1933,  AS AMENDED,  OR UNTIL  THE REGISTRATION STATEMENT
SHALL BECOME EFFECTIVE ON SUCH DATE  AS THE COMMISSION, ACTING PURSUANT TO  SAID
SECTION 8(A), MAY DETERMINE.
 
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
<PAGE>
                                    PART II
                     INFORMATION NOT REQUIRED IN PROSPECTUS
 
   
ITEM 16.  EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
    
 
    (a)Exhibits
 
   
<TABLE>
<CAPTION>
  NUMBER
- -----------
<C>          <S>
      16.1   Letter of Coopers & Lybrand L.L.P. dated May 7, 1996
</TABLE>
    
 
                                      II-1
<PAGE>
                                   SIGNATURES
 
   
    Pursuant  to the requirements of the  Securities Act of 1933, the Registrant
has duly caused this Amendment No. 1 to the Registration Statement to be  signed
on  its behalf by the undersigned, thereunto duly authorized, in the City of Los
Altos, State of California, on the 9th day of May, 1996.
    
 
                                          BROADVISION, INC.
 
                                          BY:        /s/ RANDALL C. BOLTEN
 
                                             -----------------------------------
                                                      Randall C. Bolten
   
                                                 Chief Financial Officer and
                                                 Vice President, Operations
    
 
    Pursuant to the requirements of the  Securities Act of 1933, this  Amendment
No.  1 to  the Registration  Statement has  been signed  below by  the following
persons in the capacities and on the dates indicated.
 
   
<TABLE>
<C>                                                     <S>                                        <C>
                      SIGNATURE                                           TITLE                    DATE
- ------------------------------------------------------  -----------------------------------------  --------------
 
                    * PEHONG CHEN
     -------------------------------------------        President, Chief Executive Officer and     May 9, 1996
                     Pehong Chen                         Director (PRINCIPAL EXECUTIVE OFFICER)
 
                /s/ RANDALL C. BOLTEN                   Vice President, Operations and Chief
     -------------------------------------------         Financial Officer (PRINCIPAL FINANCIAL    May 9, 1996
                  Randall C. Bolten                      AND ACCOUNTING OFFICER)
 
                 * DAVID L. ANDERSON
     -------------------------------------------        Director                                   May 9, 1996
                  David L. Anderson
 
                   * KOH BOON HWEE
     -------------------------------------------        Director                                   May 9, 1996
                    Koh Boon Hwee
 
                   * YOGEN K. DALAL
     -------------------------------------------        Director                                   May 9, 1996
                    Yogen K. Dalal
 
                 * GREGORY SMITHERMAN
     -------------------------------------------        Director                                   May 9, 1996
                  Gregory Smitherman
 
              * By /s/ RANDALL C. BOLTEN
     -------------------------------------------
                  Randall C. Bolten                                                                May 9, 1996
                  (Attorney-in-fact)
</TABLE>
    
 
                                      II-2
<PAGE>
                               INDEX TO EXHIBITS
 
   
<TABLE>
<CAPTION>
 EXHIBIT NO.                                           EXHIBIT
- -------------  ----------------------------------------------------------------------------------------
<C>            <S>                                                                                       <C>
       16.1    Letter of Coopers & Lybrand L.L.P., dated May 7, 1996...................................
</TABLE>
    

<PAGE>
   
                                                                    EXHIBIT 16.1
    
 
   
May 7, 1996
    
 
   
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
    
 
   
Re:  BroadVision, Inc. Registration Statement
    
 
   
Ladies and Gentlemen:
    
 
   
    In  connection with the filing of the Registration Statement of BroadVision,
Inc. (the "Company"), with respect to  the initial public offering of  Company's
Common  Stock,  please be  advised that  we have  reviewed the  section entitled
"Change of  Accountants," including  the  information describing  the  Company's
change  of accountants, and we agree with  the statements made by the Company in
such section.
    
 
   
Sincerely,
    
 
              [SIGNATURE]


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