Intuit buys PayCycle for $170 million in online move -- Financial Services -- InformationWeek
June 2, 2009
LOS ANGELES - Intuit (NSDQ: INTU) has agreed to buy online payroll services provider PayCycle Inc for about $170 million, bolstering its business in that segment and furthering its goal to boost online delivery of software.
Intuit said Tuesday it also hopes to gain access to PayCycle's portfolio of financial-institutional and small-business clients, among which are Capital One and PNC Bank...
LOS ANGELES - Intuit (NSDQ: INTU) has agreed to buy online payroll services provider PayCycle Inc for about $170 million, bolstering its business in that segment and furthering its goal to boost online delivery of software.
Intuit said Tuesday it also hopes to gain access to PayCycle's portfolio of financial-institutional and small-business clients, among which are Capital One and PNC Bank...
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