Facebook's IPO hasn't done much to hurt demand for enterprise software offerings. After pricing...

|By:, SA News Editor

Facebook's IPO hasn't done much to hurt demand for enterprise software offerings. After pricing its 11.65M share IPO at $18 (above a prior range of $15-$17), ServiceNow (NOW) opened at $23.75 and is currently trading at $23.01, up 27.8%. The company's cloud solutions have been gaining share in the systems management software market, and the bidding war for peer Quest Software may have heightened investor interest. (S-1)