The TechCrunch story from last night was solid: The first major news at the TechCrunch50 conference this morning was that Intuit is indeed buying personal-finance service Mint for $170 million. Mint founder Aaron Patzer appeared onstage to confirm the acquisition. He also said that the Mint team will be responsible not only for Mint but for the existing Quicken Online service…and the Quicken desktop software. Which might help assuage the fears of Mint fans who are worrying that Intuit will ruin it.
It’ll be fascinating to see how Quicken, Quicken Online, and Mint relate to each other once all this is sorted out…
More TechCrunch50 news to come today and tomorrow–some here, and more at my Twitter feed.
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September 14th, 2009 at 11:14 am
well, quicken online allows you to do manual transaction entry. mint.com doesn’t. if this speeds up getting manual transactions into mint — FAN-TAS-TIC.
but if the opposite comes to pass…ecch.
September 14th, 2009 at 12:26 pm
Ahh, now we have two versions of the Mintuit logo :-)
http://www.cloudave.com/link/mintuit-a-second-look-you-will-be-assimilated-intuit-mint