Versata, Inc is a software development company that is based in Austin, Texas, USA. The company was founded in 1989 by Kevin Fletcher Tweedy and Naren Bakshi as Vision Software and it began its operations as a software consulting company. With time, the company started developing and selling Microsoft Visual Basic market software. In 1994, Versata started an applications' integrated development environment which included a business rule engine and a GUI builder. In 200, the company changed its name to Versata and went public. Versata, Inc was acquired by Trilogy, Inc in the year 2005.