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Software provider SolarWinds prices at $12.50, 19% above the midpoint of the range

May 19, 2009
SWI

SolarWinds, a leading provider of enterprise-class network management software, raised $151.5 million by offering 12,116,280 shares at $12.50, above the range of $9.50 to $11.50. The stock is expected to begin trading on the NYSE under the symbol "SWI" on Wednesday. J.P. Morgan acted as lead manager on the deal.