NYSE Euronext Welcomes SuccessFactors, Inc. to Its European and U.S. Markets
Leading global cloud software company cross-lists and rings The Opening Bells (SM) in Paris and New York
NEW YORK and PARIS, July 19, 2011 /PRNewswire via COMTEX/ -- Today, SuccessFactors, Inc., the San Mateo, Calif. based global leader in business execution software, marked its first day of trading and cross-listing on NYSE Euronext (NYX) markets in Europe and the United States by ringing the Opening Bells in Paris and New York. SuccessFactors delivers business alignment, team execution, people performance, and learning management solutions to more than 3,500 customers in more than 168 countries in 34 languages. The company, which chose to transfer the listing of its common stock from Nasdaq, now trades on the New York Stock Exchange (NYSE) and NYSE Euronext in Paris under its existing ticker symbol "SFSF." SuccessFactors, Inc. also intends to list on the Frankfurt Stock Exchange.
SuccessFactors is the first company to transfer to the NYSE since Deutsche Boerse and NYSE Euronext shareholders approved the pending combination. The company is also the 13th company to seek a NYSE Euronext Fast-Path cross-listing since the introduction of this convenient, cost-effective European cross-listing program for NYSE-listed companies. This also marks the 6th Nasdaq transfer to the NYSE in 2011.
"We welcome SuccessFactors to the community of NYSE Euronext listed companies and applaud its decision to cross-list on our European and U.S. markets which underscores the company's global reach and interests," said Scott Cutler, NYSE Euronext EVP and Head of Listings, Americas. "In Silicon Valley and throughout the world, SuccessFactors has distinguished itself as a technology innovator that is focused on enabling their customers to realize improved people productivity and enterprise-wide business alignment solutions. We look forward to providing the company with the superior liquidity, services, brand visibility and advocacy outreach associated with listing on NYSE Euronext markets."
"This move reflects our obsession with real-time business execution across multiple geographies," said Lars Dalgaard, founder and CEO of SuccessFactors. "We are one of the fastest growing companies worldwide and our customers have used our cloud software internationally from day one, operating simultaneously in German, French, English, Japanese and 30 other languages. Listing on the Frankfurt Stock Exchange and NYSE Euronext in Paris is an important step to all of our customers, employees, partners and investors in Europe."
"This move is a positive sign of SuccessFactors' increased commitment to the European market," said Dr. Norbert Kleinjohann, CIO of Siemens AG. "We chose to work with SuccessFactors based on functionality and usability and the provisioning of an integrated solution."
"SuccessFactors has partnered with large anchor customers in each country in Europe, and for six years, the growth has been and continues to be a key pillar of our success. We are in the middle of a significant European investment, with the aim to serve European customers better than anyone else," Dalgaard continued.
Executives from SuccessFactors, Inc. ring The Opening Bells at the New York Stock Exchange and NYSE Euronext in Paris marking its cross-listing on NYSE Euronext markets following its transfer from Nasdaq on Tuesday, July 19, 2011. Please see links to pictures below.
Link to NYSE photo:
Lars Dalgaard, Founder and CEO of SuccessFactors, joined by his team, rings The Opening Bell(SM) to celebrate SuccessFactors' first day of trading on the NYSE.
Link to NYSE Euronext in Paris photo:
General Manager of SuccessFactors EMEA, Peter Prestele, Opens Trading in Paris, joined by Dominique Cerutti, NYSE Euronext President & Deputy Chief Executive Officer, to celebrate the company's cross-listing of its common stock on NYSE Euoronext (NYX) markets following its transfer from Nasdaq.
Link to NYSE and NYSE Euronext in Paris Opening Bell footage:
European Media Relations- Caroline Tourrier: +33 (0)1 49 27 10 82
U.S. Media Relations- S. Farhan Husain: (212)-656-5452
Andrea Meyer: 415-370-7329
About SuccessFactors, Inc.
SuccessFactors is the leading provider of cloud-based Business Execution Software, which delivers business alignment, team execution, people performance, and learning management solutions to organizations of all sizes across more than 60 industries. With approximately 15 million subscription seats globally, we strive to delight our customers by delivering innovative solutions, content and analytics, process expertise and best practices insights from serving our broad and diverse customer base. Today, we have more than 3,500 customers in more than 168 countries using our application suite in 34 languages (Source: SuccessFactors, Inc.).
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca - represent one-third of the worlds equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the Fortune 500. For more information, please visit: www.nyx.com.