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On September 13, 2009, TechCrunch reported Intuit would acquire Mint for $170 million. [17] An official announcement was made the following day. On November 2, 2009, Intuit announced its acquisition of Mint.com was complete. The former CEO of Mint.com, Aaron Patzer, was named vice president and general manager of Intuit's personal finance group, responsible for Mint.com and
Intuit hosted all of the user's data, provided patches and regularly upgraded the software automatically. Initially, this was launched as a monthly paid subscription, and was a free service for over a year. Intuit completed the acquisition of competitor Mint.com on November 2, 2009. [10]
Intuit Canada ULC, an indirect wholly owned subsidiary of Intuit, is a developer of financial management and tax preparation software for personal finance and small business accounting. Services are delivered on a variety of platforms including application software , software connected to services , software as a service , platform as a service ...
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Intuit, shares of which were up 1.3% at $596.59, pegs its total addressable market at 171 million tax filers. It does not break down the number of TurboTax users. TurboTax's dominance has drawn ...
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