Editing Versata (section)

=== Public company (2000–2006) ===
They went public in March 2000 during the [[dot-com bubble]], raising about $94 million and reaching a market capitalization of over $2.5 billion despite reporting just $13 million in revenue and a $21 million loss in the prior year.<ref name=Zeichick /><ref>{{cite news |title=IPO Report: AsiaInfo Holdings, Versata lead the post-Palm pack |url=https://www.marketwatch.com/story/ipo-report-asiainfo-holdings-versata-lead-the-post-palm-pack |url-access=subscription |work=MarketWatch |date=March 3, 2000 |archive-url=https://archive.today/20250416020932/https://www.marketwatch.com/story/ipo-report-asiainfo-holdings-versata-lead-the-post-palm-pack |archive-date=April 16, 2025}}</ref> In November 2000, Versata expanded into the business workflow area with the acquisition of Verve, Inc. and its workflow management system by the same name.<ref>{{cite news |last1=Rubinstein |first1=David |title=Versata Looks to Rule in J2EE Environments |url=https://archive.org/details/sdtimes044/ |access-date=16 April 2025 |work=SD Times |issue=44 |date=December 15, 2001 |page=12}}</ref>

From early 2001 through mid-2003, Versata's revenues were in quarter-over-quarter decline until Alan Baratz took over as CEO.<ref>{{cite news |last1=Rosenberg |first1=Alec |title=Surviving the Slump |url=https://www.proquest.com/newspapers/surviving-slump/docview/351900986/se-2 |url-access=subscription |access-date=23 April 2025 |work=Oakland Tribune |date=February 8, 2004}}</ref> Five consecutive quarters of growth followed until early 2005, when revenues once again took a downward plunge. In mid-2005, the company was notified by NASDAQ that it no longer met NASDAQ's requirements for continued listing, related to maintenance of a minimum amount of shareholder's equity, market value, or net income. In July 2005, Versata was delisted from NASDAQ<ref>{{cite web |title=Corporate Actions: Delisted: 2005 |url=https://stockanalysis.com/actions/delisted/2005/ |website=Stock Analysis |access-date=23 April 2025 |archive-url=https://web.archive.org/web/20250423115800/https://stockanalysis.com/actions/delisted/2005/ |archive-date=April 23, 2025}}</ref> and publicly traded on the OTC (also known as the [[Pink Sheets LLC|Pink Sheets]]).