Intuit Buying Mint
- Monday, 14 September 2009
- News
MOUNTAIN VIEW, Calif. – Intuit has agreed to purchase Mint.com, a Web-based company that was described by Intuit CEO Brad Smith earlier this year as having revitalized the personal finance software market. Smith, who praised Mint highly in an analyst conference call, followed through and Intuit will pay about $170 million in cash to buy the privately held company, which is also based in Mountain View. Mint.com was founded by CEO Aaron Patzer, who will become general manager of Intuit's Personal Finance group.
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