INTUIT SELLING QUICKEN, Q-BASE, D-FORCE
- Thursday, 20 August 2015
- News and Analysis
Intuit plans to divest the product that gave birth to the company, Quicken. The company revealed its plans in this week's fiscal 2015 conference call in which CEO Brad Smith said Intuit will also sell Demandforce and QuickBase. "Quicken is a strong, healthy business and remains America's No.1 personal finance software," Smith said. But he noted it is a desktop package "that does not strengthen the small business or tax ecosystems." Intuit displays the kitchen table at which Scott Cook conceived the first thought that led to Quicken after his wife complained about trying to balance her checkbook. I wonder if the buyer has to take it. (Just kidding.)
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