SAN MATEO, Calif., Oct. 15 /PRNewswire-FirstCall/ -- Today, SuccessFactors, Inc. announced that it intends to offer, subject to market and other conditions, 10 million shares of common stock. In connection with this offering, the underwriters will have an option to purchase up to an additional 1.5 million shares of common stock. The company is conducting the offering pursuant to an effective registration statement under the Securities Act of 1933.
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The company plans to use the net proceeds for working capital and general corporate purposes, including potential acquisitions.
The shares will be issued pursuant to an effective registration statement that was previously filed with the SEC. The offering is being made solely by means of a prospectus supplement and accompanying prospectus. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
Goldman, Sachs & Co., Deutsche Bank Securities, and Morgan Stanley & Co. Incorporated are serving as the joint bookrunners of this offering, and Lazard Capital Markets and UBS are serving as co-managers. A copy of the preliminary prospectus supplement and accompanying prospectus relating to this offering may be obtained by contacting Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004, Attn: Prospectus Department, by calling 866-471-2526, or by emailing prospectus-ny@ny.email.gs.com; or from Deutsche Bank Securities Inc., 100 Plaza One, Jersey City, New Jersey 07311, by calling 800-503-4611; or from Morgan Stanley & Co. Incorporated, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, telephone: (866) 718-1649, or by emailing prospectus@morganstanley.com.
About SuccessFactors, Inc.
SuccessFactors is the global leader in Business Execution Software. The SuccessFactors Business Execution Suite improves business alignment and people performance for companies of all sizes. More than 5 million users and 2,800 companies use SuccessFactors every day.
Contact SuccessFactors Dominic Paschel, 415-262-4641 Director of Public & Investor Relations dpaschel@successfactors.com
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SuccessFactors, Inc.
CONTACT: Dominic Paschel, Director of Public & Investor Relations of
SuccessFactors, +1-415-262-4641, dpaschel@successfactors.com
Web Site: http://www.successfactors.com/
