Intuit gets into the customer management business
Intuit, the company best-known for financial software like Quicken and QuickBooks, is expanding its lineup today with Customer Manager, an application that brings Intuit into competition with established sales software companies like Salesforce.com.
Many of the small businesses that buy Intuit software use relatively primitive tools like a spreadsheet or a whiteboard to track their customers, said Intuit product manager John Flora, because more sophisticated customer relationship management (CRM) software doesn’t really address their needs,. Even… Continue Reading
Finance startup Yodlee: We weren’t screwed by Mint’s acquisition
Ever since popular personal finance site Mint.com announced two weeks ago that it was being acquired by Intuit for $170 million, there’s been some speculation about what that deal means for Yodlee, the company that provides a lot of the Mint’s data, particularly from banks. Yodlee’s Senior Vice President of Strategy and Development Joe Polverari has been giving interviews in which he’s pretty dismissive about Mint’s potential, so I talked to him a bit more… Continue Reading
Intuit’s small business software QuickBooks 2010 gets an app store
Financial software maker Intuit is releasing the latest version of QuickBooks, its bookkeeping tool for small businesses. The company showed me a bunch of new features, but the most interesting from a technology perspective is an App Center where customers can buy applications that make QuickBooks more powerful.
Intuit actually launched the Intuit Partner Platform, its platform for applications built by outside developers, last year, and it says it has already signed up 90,000 developers. But… Continue Reading
Confirmed: Intuit acquiring Mint for $170M
Mint, the popular personal finance website, has been acquired by Intuit, the maker of finance software Quicken and its web version Quicken Online, for $170 million. Chief executive Aaron Patzer just confirmed the news at the TechCrunch50 conference.
Patzer launched Mint at the inaugural TechCrunch40 conference two years ago. Rumors of the acquisition were first reported last night.
A month ago, in August, Mint announced $14 million in funding, bringing its total to $31 million.The round was… Continue Reading
Intuit’s GoPayment credit card app comes to the iPhone
Financial software maker Intuit is expanding its iPhone portfolio today with the release of its GoPayment application in Apple’s App Store, allowing businesses to process credit card payments on their iPhones or iPod Touches.
Businesses use GoPayment to process credit card transactions (either by entering the credit card number into the phone, or by swiping the card in an optional credit card scanner), print or send receipts, and synchronize that payment data with their accounts in… Continue Reading
Roundup: Building43 launches for net enthusiasts, Twitter verifies accounts and more
Here’s the latest action:
Nintendo fends off patent trolls — The game industry leader just won yet another patent suit, this one falsely claiming that the Wii can play DVD movies.
Rambus settles with EU — The memory chip designer has agreed to cut some of its royalty rates to settle antitrust charges in Europe. Bloomberg has the story.
Building43 launches, inspires glee in internet groupies — Robert Scoble’s latest project, an online community for internet news junkies has gone live…. Continue Reading
Roundup: Yahoo’s Bartz slams Bing, solar brightens chip market and more
Here’s the latest action:
Intuit picks up PayCycle — The software company paid $170 million for the payroll services provider to strengthen that division of its business, reports Reuters.
Miles unveils electric Coda — Miles Electric Vehicles, known for its low-speed electric vehicles, has launched Coda Automotive, maker of a $45,000 electric sedan, as a new brand. Earth2Tech has more.
YouTube in your living room — YouTube has launched a new interface that makes it easy to watch shows via any… Continue Reading
Intuit GoPayment lets you process credit cards on your phone
Want to process a credit card payment on your smartphone? There’s an app for that.
Okay, to be more specific, there are actually several apps for that: There’s Credit Card Terminal from developer InnerFence. Twitter co-founder Jack Dorsey is working on something similar. Now financial software maker Intuit is introducing its own offering, called Intuit GoPayment.
GoPayment can be used on any phone with with a mobile web browser — customers just enter their credit card info,… Continue Reading
Quicken Online strikes back at upstarts with iPhone app
There’s been a lot of buzz around personal finance websites like Mint and Wesabe, but finance software maker Intuit has joined the online fray too– and no, not just by sending threatening letters to Mint. It launched its Quicken Online service back in January 2008, and made it free in October. Now it’s rolling out an iPhone application, which may turn out to be just right for the “paycheck-to-paycheck” users that Intuit is targeting.
Jim Del… Continue Reading
Entellium chief executive pleads guilty to fraud
Paul Johnston, former chief executive of management software provider Entellium, has pled guilty to wire fraud. He is expected to serve three to six years in prison for egregiously fabricating the company’s earning figures to lure more venture capital.
Seattle-based Entellium officially filed for bankruptcy earlier this month and is in the middle of selling its assets to Intuit for a reported $7.66 million.
Johnston resigned from the company at the end of September, along with former… Continue Reading
Roundup: Dow drops 680 points, Palm revenues crater, Trutap shutting
Here’s the latest action:
The Dow drops 680 points: The U.S. stock market tanked on Monday as concerns mounted about the global economic crisis. The Dow closed at 8149.09, down 7.7 percent. With oil down below $50 a barrel and markets worldwide suffering the jitters, investors are running out of places to run. The Wall Street Journal has more.
Palm’s revenues crater: The maker of Treo smart phones reports that its revenues will be $190 million to $195 million,… Continue Reading
TieCon keeps growing despite economic crunch
The Indus Entrepreneurs Conference (TiEcon) kicked off today with near-record attendance of more than 4,000 people in spite of the economic slowdown.
The conference for entrepreneurs is in its 16th year and has become a powerhouse networking event for South Asian investors and tech entrepreneurs with strong ties to mainstream tech leaders.
This year, as I walked through the crowded halls, I could overhear conversations in the hallway, catching whispers of “we haven’t pitched anyone” or “our… Continue Reading
Intuit acquires online banking firm, Electronic Clearing House, for $142M
Intuit, the Mountain view financial software company, said it will acquire public Camarillo, Calif. company Electronic Clearing House for $142 million.
ECHO offers services such as check and bank-card processing, check verification, collection and automatic clearing-house capabilities.
Intuit buys Digital Insight for $1.35 billion — to expand into banks’ Web sites
Financial software giant Intuit is buying a company that will allow its users to manage their finances directly from their banks’ Web site.
Intuit, of Mountain View, said it will buy Digital Insight, of Calabasas, Calif., a company provides software to mid-sized banks and credit unions, for $1.35 billion. It is just the latest move by Intuit to try to expand its presence online, and it follows a partnership with Google announced two months ago to… Continue Reading
Intuit acquires StepUp Commerce for $60M — to build Google relationship
Mountain View accounting software company Intuit said it has acquired StepUp Commerce, of San Francisco for $60 million.
StepUp provides ways for local businesses to get an online presence, and the deal is part of Intuit’s allianace with Google to boost revenue by moving companies online.
StepUp’s technology platform will power Intuit’s new QuickBooks Product Listing Service, which is designed to help local businesses attract customers by making their product information and images available online — through… Continue Reading
Intuit and Google strike at the “long-tail”; Intuit buys StepUp
The Google alliance with tax and accounting software company Intuit is a pretty impressive one, if you look at the details.
Google has long been trying to tap into the “long-tail” of small businesses that aren’t online. Less than half of small businesses are online, and so they’re not taking out ads on Google either. Google stands to profit if it can give these businesses Web sites, and then encourage them to take out ads to… Continue Reading