Monday, September 14, 2009

Intuit Confirms Mint.com Buy

Mountain View-based Intuit confirmed this morning that it has acquired Mint.com for $170M in cash. Mint is a provider of personal finance software-as-a-service. Intuit said it would keep both the Mint.com and Quicken Online offerings, which each operating separately. Mint becomes part of Intuit's Consumer Group, with Mint.com's founder and CEO, Aaron Patzer becoming Gm of the firm's Personal Finance Group, reporting to Dan Maurer.