Intuit To Buy Demandforce For $424 Million

Intuit has agreed to acquire software company Demandforce for $423.5 million in cash, as the tax-software maker looks to grow its customer base among small- and medium-sized businesses.

Topics:  demandforce   intuit   
BING NEWS:
  • HIG Capital To Buy Quicken From Intuit
    Internet Brands said in January that it had agreed to buy Demandforce, a marketing software service provider, for an undisclosed sum. “Divesting Demandforce, QuickBase and Quicken enables both Intuit and these businesses to focus on meeting the needs of ...
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  • What Intuit’s Demandforce Buy Says About the Future of Hyperlocal Marketing
    Demandforce was purchased by bookkeeping and finance software company Intuit on April 27 for a healthy $424 million. This marked the biggest purchase of a hyperlocal technology startup to date in the B2B realm. What makes this buy particularly interesting ...
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  • Intuit Grabs for Bigger Chunk Of Small-Business SaaS Market With Demandforce Buy
    In announcing plans to buy Demandforce, a marketing Software-as-a-Service provider, Intuit is signaling its intention to grab a bigger share of the high-end of the small business market. With its market-leading Quickbooks product, Intuit is already the ...
    04/30/2012 - 12:28 pm | View Link
  • Intuit's Demandforce purchase: A strategic game changer?
    Intuit's $423.5 million acquisition of Demandforce may indicate that the future of enterprise ... decade of growth in software will come from small businesses who can now buy enterprise class software at very compelling prices. This market remains wide ...
    04/29/2012 - 9:04 pm | View Link
  • Intuit to Acquire Demandforce for $423.5 Million
    Intuit Inc., a provider of tax and finance software, agreed to buy Demandforce, a closely held e-mail marketing company, for $423.5 million in cash in its biggest acquisition in six years. The deal, projected to close in May, would add one to two ...
    04/27/2012 - 11:03 am | View Link
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