M&A Deal Summary |
|
|---|---|
| Date | 1994-01-01 |
| Target | Parsons Technology |
| Sector | Information Technology |
| Buyer(s) | Intuit |
| Deal Type | Add-on Acquisition |
| Deal Value | 64M USD |
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Intuit is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company's flagship products and services help customers solve business and financial management problems, such as running a small business, paying bills, filing income taxes, or managing personal finances. ProSeries and Lacerte are Intuit’s tax preparation offerings for professional accountants. Intuit's products and services are available in the United States, Canada, the United Kingdom, Australia, India and Singapore. Intuit was formed in 1983 and is based in Mountain View, California.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 55 |
| Sector (Information Technology) | 1 of 8 |
| Type (Add-on Acquisition) | 1 of 51 |
| Country (United States) | 2 of 49 |
| Year (1994) | 1 of 2 |
| Size (of disclosed) | 20 of 29 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1993-09-02 |
Chipsoft
San Diego, California, United States Chipsoft, Inc. provides personal finance and tax-preparation software services. Chipsoft markets Turbotax and Macintax individual tax-preparation software and the Turbotax Proseries for professionals. |
Buy | $225M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1994-04-18 |
Best Programs
Reston, Virginia, United States Best programs provides Tax preparation software. |
Buy | - |
