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Short: Siebel announced its IPO

Siebel Systems commenced its IPO of 1.5 million shares of common stock at $43 per share. The company offered 750,000 shares, and 750,000 shares were offered by selling stockholders. Siebel provides sales and marketing information software systems.

Siebel Systems commenced its IPO of 1.5 million shares of common stock at $43 per share. The company offered 750,000 shares, and 750,000 shares were offered by selling stockholders. Siebel provides sales and marketing information software systems.