N@N

SolarWinds: SolarWinds, Inc. Announces Closing of Its Initial Public Offering and Exercise of Over-Allotment Option

^{Published on 2009-05-26 19:42:04, Last Modified on 2009-05-26 19:42:40 - Market Wire}
 

AUSTIN, TX--(Marketwire - May 26, 2009) - SolarWinds, Inc. (NYSE: [ SWI ]) today announced the closing of its previously announced initial public offering of 12,116,279 shares of its common stock at $12.50 per share. SolarWinds sold 9,000,000 shares of common stock and selling stockholders sold the remaining 3,116,279 shares in the offering. Further, the underwriters of the offering exercised the over-allotment option to purchase 1,817,441 additional shares of common stock from the selling stockholders.

J.P. Morgan Securities Inc., Goldman, Sachs & Co., and Morgan Stanley & Co. Incorporated acted as joint book-running managers for the offering. Jefferies & Company, Inc., Thomas Weisel Partners LLC and Ladenburg Thalmann & Co. Inc. were the co-managers of the offering. A copy of the final prospectus may be obtained from either:

 -- J.P. Morgan Securities Inc.: 4 Chase Metrotech Center, Floor 04 Brooklyn, NY, 11245-0001, United States Telephone: + 1-718-242-8002 -- Goldman, Sachs & Co.: Prospectus Department 85 Broad Street New York, NY 10004 Telephone: +1-866-471-2526 Facsimile: +1-212-902-9316 E-mail: [ prospectus-ny@ny.email.gs.com ] -- Morgan Stanley & Co. Incorporated: Attention: Prospectus Department 180 Varick Street, 2nd Floor New York, NY, 10014 Telephone: + 1-866-718-1649 E-mail: [ prospectus@morganstanley.com ]

About SolarWinds

SolarWinds provides powerful, simple and affordable network management software to more than 80,000 customers worldwide -- from Fortune 500 enterprises to small businesses. Focused on the real-world needs of network professionals, SolarWinds products are downloadable, easy to use and maintain, and provide the power, scale, and flexibility needed to manage today's complex network environments. SolarWinds' growing online community, thwack, offers users problem-solving and technology-sharing for all of SolarWinds' products.