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New 'vServices' Provide Global 500 Companies With Assets and Insights That
Will Generate Measurable Business Value That Trilogy 'Guarantees'
AUSTIN, Texas, March 7 /PRNewswire/ -- Trilogy today announced it is spinning off its enterprise software business and merging it with its recently acquired subsidiary, Versata, Inc. This transaction frees Trilogy to focus exclusively on its strategic, high-growth Internet Value Services ("vServices") business.
This transaction completes Trilogy's long-planned exit from the traditional enterprise software business in order to focus on solutions that deliver "guaranteed business value" consistent with the company's strategy.
"When we made the decision five years ago to base our strategy entirely on delivering 'guaranteed' business value to customers, it quickly became clear that enterprise software was not going to be the best vehicle to fulfill that promise," said Joe Liemandt, Trilogy's President and CEO, citing the...