TITLE

Intuit Has a Taste for Mint(.com)

AUTHOR(S)
Marino, Jonathan
PUB. DATE
September 2009
SOURCE
Mergers & Acquisitions Report;9/21/2009, Vol. 22 Issue 38, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Intuit Inc. to acquire Mint.com for 170 million U.S. dollars. The acquisition would add more than one million clients already using Mint.com, the budget-minded Web site to track their spending, into Intuit's tax preparation software portfolio. Some of the venture capital investors of Mint.com, include Shasta Ventures, Benchmark Capital and First Round Capital. Paycycle Inc., a Web service that helps small companies prepare payroll was also acquired by Intuit in June 2009.
ACCESSION #
44290511

 

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