eBay Developer Infopia Sold to Versata

AuctionBytes has learned that Infopia, an ecommerce solution for eBay and online retailers, has sold its ecommerce-platform assets to Versata. Scott Buoy will head the new company for Versata, which will continue to market the Infopia Transact eCommerce platform. Infopia laid off most of its employees on Thursday, telling them they would be re-hired by the new company. The transaction was an asset sale - Versata has acquired the Transact ecommerce platform and the brand name Infopia. The parent company will change its name and will continue to market the Enterprise eCommerce Analytics product with a software development team