Send
Print
Tony Webster via flickr
Intuit expects to pair Mailchimp with its QuickBooks accounting service to "help small- and medium-sized businesses and allow them to launch their businesses online," Intuit CEO Sasan Goodarzi said in a company statement.
Mailchimp had never raised outside financing and the purchase was the largest of its kind, Axios said. The previous record in this category belonged to video game company Mojang, bought by Microsoft for $2.5 billion.
Mailchimp was owned by founders Ben Chestnut and Mark Armstrong at the time of the deal and was founded in 2001. Intuit was founded in 1983; its main product is TurboTax, a tax filing software for U.S. residents.
source: bloomberg.com
Mailchimp had never raised outside financing and the purchase was the largest of its kind, Axios said. The previous record in this category belonged to video game company Mojang, bought by Microsoft for $2.5 billion.
Mailchimp was owned by founders Ben Chestnut and Mark Armstrong at the time of the deal and was founded in 2001. Intuit was founded in 1983; its main product is TurboTax, a tax filing software for U.S. residents.
source: bloomberg.com
