Post Profile






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.
read more

share

Related Posts


Intuit Agrees To Acquire Small Business Document Startup Docstoc

Technology : TechCrunch: Enterprise

Intuit, maker of financial products like Quickbooks and TurboTax, has a stated purpose of trying to be "the operating system for small business." Today, it took another step to solidify that position with the acquisition of Docstoc,...

Intuit to buy SMB marketing software player Demandforce for $423.5M

Technology : Venture Beat

Business software giant Intuit has agreed to acquire small-business marketing software firm Demandforce for $423.5 million in cash, the companies announced today. Intuit, the maker of QuickBooks, TurboTax, and Quicken, will add Dema...

Intuit’s ‘rise of the rest’ M&A strategy means large paydays outside the Valley

Technology / Startups : TechCrunch: Startups

This morning, Frederic reported that Intuit has acquired TSheets, a time-tracking service, for $340 million. That’s one of the highest prices that Intuit has ever paid for an acquisition, roughly equal to the cost of the company’s a...

Intuit to acquire cloud-based time tracking provider TSheets for $340M

Technology / Internet : SiliconANGLE

Intuit Inc., the venerable provider of cloud accounting tools for companies and individuals, today announced that it has agreed to acquire partner TSheets.com LLC in a $340 million deal. Eagle, Idaho-based TSheets offers a software-...

Intuit to acquire employee time-tracking and scheduling app TSheets for $340 million

Technology : Venture Beat

Financial software giant Intuit has announced plans to acquire TSheets, the company behind the eponymous time-tracking and employee scheduling app, in an all-cash deal valued at around $340 million. Founded out of Idaho in 2006, TSh...

Comments


Copyright © 2016 Regator, LLC