Versant Corp. provides object-oriented data management software that forms a critical component of the infrastructure of enterprise computing. The company designs, develops, markets and supports object-oriented database management system products that companies use to solve complex data management and data integration problems. It also provides related product support, training, and consulting services to assist users in developing and deploying software applications. The company operates its business within a single operating segment: Data Management. The Data Management business is comprised of the following key products: Versant Object Database, FastObjects and db4o. The Versant Object Database is an eighth generation object-oriented database management system that is used in high-performance, large-scale, real-time commercial applications in distributed computing environments. FastObjects is an object-oriented database management system that can be embedded as a high performance component into customers' applications and systems. db4o is an open source object-oriented database software solution targeting the embedded device market and these products and services offer customers the ability to manage real-time, XML and other types of hierarchical and navigational data. The company markets its products to companies in the telecommunications and defense industries, as well as to customers in several vertical markets, including technology, financial services, transportation and health care. Versant's software is used in strategic distributed applications such as network modeling and management, fault diagnosis, fraud prevention, service activation and assurance, and customer billing, scheduling and other applications. The company was founded in August 1988 and is headquartered in Redwood City, CA.