Austin, Texas — Versata Enterprises Inc., an Austin, Texas-based provider of enterprise software solutions, announced the acquisition of Westminster, Colo.-based Clear Technology Inc., a provider of business process automation solutions for the financial services and insurance industries.

Versata will operate Clear as a stand-alone entity within its Financial Services Business Unit. Clear Technology joins Versata’s growing family of enterprise software companies, including Versata Software Inc., Versata Inc., Artemis International Solutions Corp., Nextance Corp. and Gensym Corp.

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