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An Idaho founder turned an annoying time-tracking problem into a $340 million acquisition from QuickBooks owner Intuit

QuickBooks and TurboTax owner Intuit announced its plans to acquire a time tracking software company TSheets for $340 million. Intuit will keep TSheets' Idaho headquarters as well as its 260-person team. Co-founder and CEO Matt Rissell created TSheets after trying to solve time-tracking issues at his previous business. It's a rough day for Excel worksheets and calculators.
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