Skip to main content

Intuit Pays a Mint for Mint.com

mint-comFinancial software giant Intuit—makers of well-known products like Quicken, QuickBooks, and TurboTax—has announced a deal to acquire personal finance services Web site Mint.com for some $170 million in cash. Mint.com is a financial services Web site designed to show consumers ways in which they can save money by analyzing their financial actions and habits. The service claims some 1.5 million users tracking nearly $50 billion in assets and $200 billion in transactions. Intuit plans to make Mint.com the main personal finance management service it offers to consumers via the Web, while Intuit’s existing Quicken Online will continue to offer Quicken users online access to their Quicken services.

“Joining Intuit enables us to bring our vision of helping consumers understand and do more with their money to millions of Intuit customers,” said Mint.com Founder and CEO Aaron Patzer, in a statement. “This is a compelling combination of our innovative product, technology, and user interface design with one of the most trusted brands in software.”

Intuit is also excited about Mint.com’s “ways to save” engine, which generates revenue through advertising and partnerships rather than charging users directly. Intuit also sees the acquisition as a way to bolster its Software-as-a-Service (SaaS) offerings—SaaS isn’t uncommon in corporate and enterprise environments, but has had difficulty finding traction with consumers—although Google, Microsoft, and many other software developers are increasingly eyeing cloud-based computing and SaaS models as a way to offer software, rather than monolithic releases.

Mint’s Aaron Patzer will become the general manager of Intuit’s Personal Finance group, and will be responsible for Intuit’s online, mobile, and desktop personal finance products.

Editors' Recommendations

Topics
Geoff Duncan
Former Digital Trends Contributor
Geoff Duncan writes, programs, edits, plays music, and delights in making software misbehave. He's probably the only member…
Power up your tech game this summer with Dell’s top deals: Upgrade for a bargain
Dell Techfest and best tech on sale featured.

One of the best times to upgrade your tech stack, be it your desktop, a new laptop, or some high-resolution monitors, is when great deals are to be had. Well, I'm here to share that thanks to Dell's top deals, you can power up your tech game and have most of the summer to make it happen. Maybe you're happy with your current system or setup. That's excellent, but you're likely considering upgrading somewhere, and that's precisely what these deals are all about. Dell has a smorgasbord of deals on laptops, desktops, gaming desktops, monitors, accessories, and so much more. We'll call out a few of our favorite deals below, but for now, know that you should be shopping this sale if you're interested in anything tech-related.

 
What summer tech should you buy in Dell's top deals?

Read more
I love the MacBook Pro, but this Windows laptop came surprisingly close
Apple MacBook Pro 16 downward view showing keyboard and speaker.

There are some great machines in the 15-inch laptop category, which has recently been stretched to include the more common 16-inch laptop. The best among them is the Apple MacBook Pro 16, which offers fast performance for tasks like video editing and the longest battery life.

The Lenovo Yoga Pro 9i 16 is aimed not only at other 16-inch Windows laptops but also at the MacBook Pro 16. It offers many of the same benefits but at a lower price. Can it take a place at the top?
Specs and configurations

Read more
How to set an ‘Out of Office’ message in Microsoft Teams
Person using Windows 11 laptop on their lap by the window.

Many people use Microsoft Teams regularly to communicate with colleagues both inside of the office and remotely. It is considered one of the most efficient ways to ensure you can stay in contact with the people on your team, but what if you need to let people know you’re not readily available? Microsoft Teams has a method for you to set up an "Out of Office" status for your profile to let staff members know when you’ll be gone for the afternoon, for several days on vacation, or for an extended period.
Where do I go to set up my ‘Out of Office’ status for Teams?
It is important to note that your Microsoft Teams and Outlook calendars are synced. This includes your out-of-office status and automatic replies. So, whatever you set up in Microsoft Teams will reflect in Outlook. Similarly, you can set up your out-of-office status in Outlook, and it will be reflected in Teams; however, the former has a more straightforward instruction.

First, you can click on your profile icon in Teams and go directly to Schedule an out of office, as a shortcut. This will take you to the settings area where you can proceed. You can also click the three-dot icon next to your profile icon, then go to Settings > General, then scroll down to the bottom of the page. There, you'll find out-of-office settings and click Schedule.

Read more