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Software company SuccessFactors prices at $10

November 20, 2007

SuccessFactors priced its 10.79 million share offering at $10, the high end of its proposed $8 to $10 range. The San Mateo, CA based company provides on-demand performance and talent management solutions software to over 1,400 enterprises. Morgan Stanley and Goldman Sachs acted as the joint lead managers on the deal, and the stock is expected to start trading on the NASDAQ under the symbol "SFSF" on Tuesday.