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In 1993 Intuit went public and used the proceeds to make a key acquisition: the tax-preparation software company Chipsoft based in San Diego. [20] The time after the IPO was marked by rapid growth and culminated with a buyout offer from Microsoft in 1994; at this time Intuit's market capitalization reached US$2 billion. [21]
Company Type 2020 ranking [1]; Microsoft: Computer Software: 13 Oracle: Computer Software: 89 Salesforce: Computer Software: 123 Adobe: Computer Software: 210 Intuit
Quickbase, Inc., is a software company headquartered in Boston, Massachusetts spun off from Intuit in March 2016. In January 2019, Vista Equity Partners, a private equity firm, acquired a majority stake in Quickbase from Welsh, Carson, Anderson & Stowe for a reported $1 billion.
Intuit – business and financial software company, went public in 1993; now valued at over $55 billion. [23] Intuitive Surgical – surgical robotic developer, went public in 2000; [24] as of July 2019, the company has a market capitalization of over $60 billion. [25]
QuickBooks is an accounting software package developed and marketed by Intuit.First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.
Intuit, the owner of TurboTax, spent more than $11 million on federal lobbying between 2008 and 2012. Intuit "opposes IRS government tax preparation", particularly allowing taxpayers to file pre-filled returns for free, in a system similar to the established ReadyReturn service in California. The company also lobbied on bills in 2007 and 2011 ...
Quicken is a personal finance management application originally developed and offered by Intuit, Inc. Intuit sold Quicken to H.I.G. Capital in 2016, [1] and H.I.G. sold Quicken to Aquiline Capital Partners in 2021. [2] Quicken runs on Windows and Mac systems, though the data is incompatible between the two versions.
In India, state-owned enterprise is termed a Public Sector Undertaking (PSU) or a Central Public Sector Enterprise (CPSE). These companies are owned by the Union Government , or one of the many state or territorial governments , or both.