Intuit Buys Encryption Business
- Monday, 23 February 2015
- Tax
Intuit has acquired Porticor, an Israeli company that makes encryption products for cloud-based applications. The deal was concluded on February 2, days before Intuit faced widely publicized fraud with efiling of some TurboTax state returns. Intuit said the problems, which halted some state filing for one day over February 5 and 6, did not occur from a breach or its tax process
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