Run Time Error 80040155 2147221163

I have re-installed a clean down load for Office 365. When I start Excel I get the error message shown above for the Microsoft Visual Basic. In addition it states:

Method 'Application Version' of object '_PalExcel' failed

If I just hit "End", the regular Excel works fine, but when I want to use another application based on Excel like Solver or Evolver from Palisades, I can't start that application.