Tag Archives: Intuit Inc.
Intuit Acquires Mobile Payments Company AisleBuyer
Intuit has acquired mobile payments company AisleBuyer for around $80-$100 million. AisleBuyer has raised $11.5 million in funding over several rounds. AisleBuyer started in 2009 and their service is to provide a checkout solution that improves the in-store experience by eliminating the need to have a line.
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Categories AisleBuyer, Intuit Inc.
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Intuit Launches E-Commerce Platform For Facebook
Intuit Inc. (NASDAQ:INTU) has announced that they have launched an e-commerce platform today for companies to launch stores on Facebook. The Intuit SimpleStore service will automatically sync a merchant’s website and Facebook page by loading the inventory and enabling payments.
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Categories Facebook, Intuit Inc., Intuit SimpleStore
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Intuit Launches Application For Filing Taxes Through Your Mobile Device
Intuit Inc. (NASDAQ:INTU), the company best known for designing TurboTax and acquiring Mint.com has announced that they have created a mobile application called SnapTax. SnapTax lets you prepare and file tax returns. SnapTax will be very useful to filers of the simplified income tax 1040EZ form for people that make less than $100,000 per year, do not have dependents, and have meet other qualifications.
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Intuit Now Offering Free Mobile Credit Card Reader and Waiving Monthly Fee For Percentage Instead
Intuit Inc. (NASDAQ:INTU) launched a service in 2009 called GoPayment. GoPayment allows small and medium sized business owners accept credit cards on their mobile devices using a card reader that attaches to a compatible mobile device. Intuit is now offering the card reader and is waiving the monthly fee, but there is a catch.
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Categories Chris Hylen, Intuit GoPayment, Intuit Inc.
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Justice Department: 6 Tech Companies Agree Not To Poach Either
The Department of Justice has announced this past week that they have reached a settlement with 6 tech companies. Adobe Systems Incorporated (NASDAQ:ADBE), Apple Inc. (NASDAQ:AAPL), Google Inc. (NASDAQ:GOOG), Intel Corporation (NASDAQ:INTC), Intuit Inc. (NASDAQ:INTU), and Pixar Animation Studios Inc. have all agreed to to enter an employee agreement. These 6 companies have agreed not to poach employees from each other.
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Intuit Acquires MedFusion For Roughly $91 Million
Intuit has acquired health-care communications company Medfusion for about $91 million. Intuit plans to integrated Medfusion’s software into Quicken Health solutions. The deal is expected to close in Q4 of this year. Medfusion software is used by about 30,000 health care companies to help patients communicate with providers for appointment, bill, and prescription management. [TechCrunchIT]
Categories Intuit Inc., Medfusion
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Google Now Using Twitter To Sell Ads
Google Inc. (NASDAQ:GOOG) is now using Twitter to sell advertisements. And Intuit is the first company to have signed on board. The five most recent tweets will be streamed on the AdSense network. Intuit is looking for TurboTax to grow on followers on Twitter.
Intuit is already advertising on Bebo, Facebook, MySpace, Hi5, and Alltop.
“It’s syndicating whatever the team that works on the TurboTax Twitter account [@turbotax] posts,” stated Seth Greenberg, Director of Marketing at Intuit. When clicking on a Twitter ad, a user is directed to the company’s Twitter account.
TurboTax spokeswoman Colleen Gatlin, Intuit social marketing manager Christine Morrison, and the rest of the Intuit public relations team runs the Intuit Twitter account.
[via AdAge]
Categories Christine Morrison, Colleen Gatlin, Google, Intuit Inc., Seth Greenberg, Twitter
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Intuit Inc. Has Bought Homestead Technologies for $170 Million
“Joining Intuit will help us continue pursuing our dream of enabling every small business, entrepreneur and organization to effectively compete by leveraging the power of the Internet.â€
“We’re proud to be one of the highest-rated small business services on the Web today, but we believe we can do better. Becoming part of Intuit will enable us to focus our family of talented and engaged employees on solving important problems by providing products and services that delight our customers.â€
-Justin Kitch, founder and CEO of Homestead Technologies.
Intuit Inc. (NASDAQ:INTU) is a company that produces financial and tax software. Intuit is incorporated in Delaware and is HQed in Mountain View, Calif. Intuit has a $9.52 billion market cap and announced today that they would be acquiring Homestead Technologies for roughly $170 million in cash, outstanding options, and restricted stock units. Some of Intuit’s more known software includes TurboTax, Quicken, and QuickBooks.
“This acquisition supports our growth strategy in small business by addressing an underserved need, and continues Intuit’s move beyond financial management solutions into helping small businesses solve other important problems,†stated Brad Smith, Senior VP of Intuit‘s small business division. “Homestead helps us solve one of small businesses’ highest priorities – attracting customers – by helping them succeed on the Web.â€
Homestead Technologies is a web hosting service based in Menlo Park, Calif. Homestead has evolved several times since its start in 1998. Homestead has a few web site building tools and has several other e-commerce services. Homestead has about 2,000 templates. I’d consider Homestead to be a little bit more of a professional version of Yahoo! GeoCities. Homestead sold Photosite, one of their web hosting photography services to United Online in March 2005.
Kitch has a blog at: http://ceounplugged.homestead.com/. One of Kitch’s more controversial blog posts was Maybe you should fire that customer?
Categories Homestead Technologies, Intuit Inc.
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