Eloqua Limited

Company Name:
Eloqua Limited 
Software & Services 
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Transaction Summary:
Eloqua Corp. raised $105.8 million in its initial public offering at $11.50 per share. Needham acted as a co-manager on the transaction. The Company‚Äôs underwriters fully exercised their option to purchase an additional 1,200,000 shares of common stock at the follow-on offering price to cover over-allotments. The net proceeds from the sale of the shares will be used by Eloqua Corp. to repay indebtedness under the term loan, pay off the capital lease obligations, and for working capital and other general corporate purposes. 
Company Description:
Eloqua Corp. (NASDAQ: ELOQ) is a marketing automation SaaS company which develops automated marketing and demand generation software and services for business-to-business marketers. The company has been described as a pioneer and industry leader in lead generation services. 
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