RightNow Technologies Files For IPO

RightNow on Monday said it filed a Form S-1 with the Securities and Exchange Commission for its IPO. The Bozeman, Mont.-based company declined to disclose the number of shares to be offered or the price range for the stock offering.

Morgan Stanley and Co. will lead the deal, with Thomas Weisel Partners acting as co-lead manager, according to the SEC filing. Co-managers for the IPO will be Adams, Harkness and Hill and D.A. Davidson and Co.

Since the dot-com bust, the number of companies filing for IPOs had slowed to a glacial crawl. But in the wake of search-engine leader Google's IPO filing on April 29, industry watchers expect more companies to follow suit.

As is traditionally the case with IPOs, RightNow plans to offer its shares through its underwriters. Google, which aims to raise $2.7 billion in its IPO, recently stirred up potential investors with news that it will offer its shares via a so-called Dutch auction. The date of Google's initial offering has not been announced.

Another highly anticipated IPO by Salesforce.com -- the San Francisco provider of hosted CRM software -- is widely expected to hit the market this month. The company filed its IPO paperwork several months ago, but the transaction had been on hold while the company hashed out accounting issues with the SEC. Those concerns were resolved nearly two weeks ago.