news local-beat

Mint Made in Sale to Intuit

Mint.com to continue as is alongside Quicken Online

By JACKSON WEST
Updated 2:45 PM PST, Mon, Sep 14, 2009

TWITTER FACEBOOK

Mint.com was wrapped up in a bow and delivered to Intuit for $170 million.
Andrew Mager

Mountain View-based Intuit has purchased neighbor Mint.com for $170 million.

Mint.com, which boasts 1.4 million users, offers a free online service to help people manage their money.

Intuit makes the popular Quicken, QuickBooks and TurboTax software, and competed with Mint online.

The move is seen as partly defensive, and partly to bolster Intuit's online offerings.

Intuit famously held off an acquisition effort by Microsoft in the '90s, so the spurned buyer pushed Microsoft Money in the hopes of beating Intuit at its own game.

Microsoft Money has been discontinued. But perhaps Microsoft can swoop in and buy Wesabe, another venture capital-backed startup similar to Mint that's based in San Francisco.

Photo by Andrew Mager.

Jackson West wonders how long before the Mint vs. Quicken page will be taken down.

Copyright NBC Local Media
First Published: Sep 14, 2009 2:29 PM PST

TWITTER FACEBOOK

  • 50% intrigued 2
  • 50% bored 2
  • 0% furious 0
  • 0% sad 0
  • 0% thrilled 0
  • 0% laughing 0
processing
          No comments have been posted yet.
          SEE MORE
          0 Comments

          You have 2000 characters left

          processing
          So My City

          You are posting in (change)

          550/550 characters

          (jpg, pngs, or gifs allowed)

          (jpg, pngs, or gifs allowed)           *Tip: You can also post moments via email or Twitter.

          processing

          View Your Moment in

          Posted by | 1 second ago

          Don't Miss

          local_beat

          Nov 21, 2009

          Twitter Generation on Strike at UC Schools

          As a student strike expands, here's what Internet-generation kids are saying.

          Read It

          tech

          Nov 20, 2009

          Wake Up in the Alarm Clock Bed

          Designed by Florian Scharfer, Melted Clock is a wake-up call embedded in your sheets, with a clock display made out of silicone and electroactive polymers.

          Read It

          local_beat

          Nov 20, 2009

          Intel Researching Channel Surfing With Your Brain

          Using a remote control to change channels is just such a pain.

          Read It
          Loading...
          Birthdate:
          You must be at least 13 to sign up.
          Gender:
          invalid

          By clicking the button below, I accept the terms of use and privacy policy

          Already Signed Up? Login Below.

          Forgot your password?

          processing
          Here's what we're posting:

          *Only used for verification. We do not store your password.
          processing