Leading global cloud software company cross-lists and rings The Opening Bells in Paris and New York
HRchitect featured SuccessFactors in our release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems vendors that businesses should consider. Matt Lafata and Tiffany Appleby from HRchitect attended and sponsored the SuccessConnect event in San Francisco in May 2011.
If you are looking for a new Talent Management System, or any HR system, don’t rely solely on “recommendations” or published reports. Do yourself a huge favor and talk to HRchitect first. After 14 years, HRchitect has unparalleled knowledge of the HR and Talent Management vendor community and can save you time and money in selection and implementation. Simply put, do not invest in any kind of HR technology without consulting with the experts first. HRchitect is always available to help!
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.
For more information on SuccessFactors, please visit www.successfactors.com
Matt Lafata, HRchitect