Estimated reading time: 0 minutes, 37 seconds

INTUIT SELLING DATA CENTER Featured

Tayloe Stansbury, IntuitIntuit is selling its largest data center in Quincy, Wash. The company is selling the facility to H5 Data Centers, described as one of the largest privately-owned data center operators in the United States.

Intuit says the deal will result in a GAAP operating loss of $75 million to $85 million for the year ending July 31. The company had already moved TurboTax Online to AWS during tax season and expects to finish transitioning QuickBooks Online this year. “Now that most of our core applications are in AWS, the time is right to transition the ownership and operation of this data center to a team who will expertly manage the infrastructure through the remainder of this transition,” Tayloe Stansbury, Intuit’s chief technology officer, said in a prepared statement.

Read 1537 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.