Intuit moved TurboTax Online to AWS during tax season and expects to complete moving QuickBooks Online to the AWS platform this year.
“Now that most of our core applications are in AWS, the time is right to transition the ownership and operation of this data center to a team who will expertly manage the infrastructure through the remainder of this transition,” Tayloe Stansbury, Intuit’s chief technology officer, said in a prepared statement.
The deal will result in a GAAP operating loss of $75 million to $85 million for the year ending July 31, Intuit said.