Free press releases distribution network?

More news: Software
Agency / Source: Intuit, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Endurance International Group to Purchase Intuit Websites Business - Intuit, Inc. has entered into a definitive agreement to sell Intuit Websites to Endurance International Group, one of the largest providers of hosting, domains and online solutions for small and medium-sized businesses in the United States (Nasdaq: INTU)
Endurance International Group to Purchase Intuit Websites Business

 

PRZOOM - /newswire/ - Mountain View, CA, United States, 2012/08/16 - Intuit, Inc. has entered into a definitive agreement to sell Intuit Websites to Endurance International Group, one of the largest providers of hosting, domains and online solutions for small and medium-sized businesses in the United States (Nasdaq: INTU) . NASDAQ: INTU

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Intuit Websites, which includes Homestead Technologies, and is part of Intuit’s Small Business Group, provides solutions that enable small businesses to create and enhance their online presence.

“The way small businesses think about their Web presence is evolving and our customers will be better served by a company that is primarily focused on websites and hosting services,” said Barry Saik, vice president and general manager of Intuit's Grow Your Business division. “Selling Intuit Websites to Endurance presented the best way to accelerate our Small Business Group’s success and provide our customers with a best-in-class solution.”

Endurance is a leading provider of cloud-based software and services and currently provides web hosting services to 2.9 million customers and manages 10 million domains.

“With this acquisition, Endurance will add the intuitive and adaptable website builder that Intuit developed, which will provide immediate benefits to our customers and strategic value to our company,” said Hari Ravichandran, chief executive officer and founder. “This acquisition also enables Endurance to provide current Intuit Website customers with access to our comprehensive online applications and services, allowing them to enhance and grow their online presences over time.”

The transaction is expected to close during Intuit’s first quarter of fiscal year 2013. Terms of the agreement were not disclosed. Intuit Websites contributed $76 million in revenue for Intuit in fiscal 2012 and will be treated as discontinued operations.

About Intuit, Inc.
Intuit, Inc. (intuit.com) is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money.

Founded in 1983, Intuit had annual revenue of $3.9 billion in its fiscal year 2011. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations.

About Endurance International Group
A leading provider of web hosting and online services to small and medium-sized business, Endurance International Group manages 2.9 million unique Web hosting accounts and 10 million domain names. The diversity of its brands has enabled the company to grow tremendously through both organic channels and strategic acquisitions. Since it was founded in 1997, this Massachusetts-based company has maintained its focus on matching superior customer experience with reliable, innovative solutions to help businesses create a web presence.

Intuit and the Intuit logo, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Intuit, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Endurance International Group to Purchase Intuit Websites Business

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Intuit, Inc. |
Contact: Press Office - Intuit.com 
650-944-3050 press[.]intuit.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Intuit, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Intuit, Inc. / Company Profile


Read Software Most Recent Related Press Releases:

LDiscovery Completes Acquisition of Kroll Ontrack
SYSPRO Opens a New Office in Nairobi, Kenya
Rocket Servergraph Professional Now Supports IBM i
JDA Solutions Selected by Coca-Cola FEMSA Mexico to Support its Innovative Supply Chain
CommutAir Leverages The Weather Company, an IBM Business, to Harness the Power of Big Data from the Tarmac
Leading Independent Research Firm Cites TIBCO as a Strong Performer in Insight Platform Report
Saba Named a Leader in Learning and Performance Management
Infor Recognized as Top Retail Software Provider in 2016 RIS News LeaderBoard
IBM Debuts Blockchain Ecosystem to Help Accelerate Growth of Networks on Hyperledger Fabric
Permanent TSB to Improve Contact Centre Performance and Compliance with Noble Systems Composer Real-Time Speech Analytics

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today