Versata Continues Acquisitions

Austin-based Versata announced the acquisition of Alterpoint today, but there aren’t many details arising out of the deal. In a moment of news release clarity, Versata says it will operate Alterpoint as a “standalone entity” yet will bring all customers into Versata’s “Customer Success” program.

It is unclear how much of Alterpoint was actually remaining in operation. The Alterpoint executive team seems to have left Motive around the time that the earnings overstatements were being investigated. Danielle Royston will take over duties as CEO of the former Alterpoint group, which is a sign that there’s going to be some housecleaning.

Versata is owned by Trilogy, and has been on a real acquisition streak. They acquired NUVO in December of 2007, Clear Technology and ETI in May of 2008, and Ecora Software in September of 2008. Trilogy is known for being a pretty well run organization, and Versata seems to be building up a significant product line to offer the IT departments of corporate America.

This entry was posted in Enterprise and tagged , by Bryan Menell. Bookmark the permalink.

About Bryan Menell

Bryan is the Managing Editor for AustinStartup and the Director of the Collaboratory at Dachis Group. He is a co-founder of Capital Factory, on the board of Texchange, and runs the popular Austin Tech Happy Hour with his wife. He advises early stage technology companies including Socialware, SpeedMenu, and AudiencePoint.

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