Thursday, September 17, 2009

Quicken takes Mint... refreshing?

Intuit (i.e. Quicken, QuickBooks, TurboTax also has the free online version of Quicken) is buying Mint for approximately $170 million.

wow, after reading this I was thinking poor Mint got taking over, but the blog talks about Intuit's plan!

...After the acquisition closes, the Mint.com team will be leading the development of both Mint.com and Intuit’s existing personal finance products, Quicken desktop and Quicken Online. The fact that Intuit has agreed to acquire Mint.com, and is leaving our team intact, is evidence that Intuit has been impressed by and wants to build upon the user experience that Mint.com offers. We’ll not only improve upon that experience for Mint.com but also bring our know-how to the Quicken product line. Destroying the Mint.com user experience does not make sense for Intuit, Mint.com or any of our users.
(Aaron Patzer
Founder and CEO)
It's interesting because my previous was talking about the online personal finance application and MS Money.

Reference: businesswire

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