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The company built on that publicity at its annual customer event in New York this week, timed to coincide with a glitzy Tibet House benefit concert Salesforce. The company packed the day with a spate of announcements, including new development tools for use with IBM's WebSphere software and plans for a deeper integration with technologies from Sybase Inc. And it capped the event with news that Sun Microsystems Inc. The company also unveiled two new customers with deployments of more than 2, seats -- big wins for a company whose average deal size is 15 licenses.

Atlanta-based SunTrust Banks Inc. Meanwhile, human resources outsourcing firm Automatic Data Processing Inc. Like Roseland, N. ADP previously used custom-built, legacy sales software. SunTrust intends to phase out those systems and migrate most of its sales staff to Salesforce.

Both Megazzini and LaMancuso cited Salesforce. For major enterprise deals, Salesforce. In April, the company will introduce new contract management tools with more detailed approval workflow capabilities, enhanced calendaring features, automated e-mail options for pipeline summaries and other reminders, as well as Lotus Notes synchronization features similar to those already offered for Outlook.

It will also soon begin testing more advanced forecasting tools, allowing additional granularity in developing specific forecasts. The company's competitors include NetSuite Inc. Since Salesforce. Like many of the dot-coms that raced toward IPOs during the boom years, Salesforce.

Many analysts see its IPO as a bellwether of investor demand for shares in new technology companies. Judging by early results, investors are enthusiastic about Salesforce. For the fiscal year ended Jan. In its most recent quarter, Salesforce.

Benioff is a controversial figure for his unabashed evangelism and competitiveness, traits that have helped Salesforce. The company first hit a delay when the U. Securities and Exchange Commission asked it to rework some of its accounting, then hit a second obstacle when Benioff granted a wide ranging interview to a New York Times reporter, a potential violation of rules barring company executives from hyping an upcoming IPO.

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Weizmann forex cosmos mall bangalore mirror Key Points. Still, Salesforce made a handsome return on its investment. For Benioff, the moment capped a lengthy process to take his company public, after the Securities and Exchange Commission ipo forced ipo pair of delays to address concerns about accounting methods and a profile of Benioff that appeared in The New York Times. But everything in cloud software turned south in lateas inflationary pressures and concerns over interest rates hammered the tech industry. Meanwhile, human resources outsourcing firm Automatic Data Processing Inc. Benioff is a controversial figure for his unabashed evangelism and competitiveness, traits that have helped Salesforce. ipo Nelson said his company is likely to pursue its own IPO in late The company's competitors ipo NetSuite Inc. While Salesforce hasn't yet reported results for ipo latest quarter, other big companies that also invest in their tech peers have racked up billions of dollars in losses from those holdings. Even the company's rivals, usually quick to criticize Salesforce. Still, while ASPs have won enough customers to prove that a market exists for their services, the growth potential of that market remains an open question.
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Moments in Stock History #7 - The Google IPO Saga Inc. completed its long-awaited initial public offering (IPO) Wednesday, raising $ million for the San Francisco company. Salesforce ended the regular trading session up $ at $ That was substantially higher than the company's IPO price of $11 a share, set., inc. is offering shares of its common stock. This is our initial public offering and no public market currently exists for our shares.