India Broadband Forum
Intuit to acquire banking software company Digital Insight
This is a discussion on Intuit to acquire banking software company Digital Insight within the News and Views from the Business World forums, part of the News and views category; Makers of finance related software applications Intuit has said that they are acquiring software company Digital Insight that specializes in ...
| |||||||
| News and Views from the Business World Find breaking news, multimedia, reviews & opinion on business, sports, movies, travel, books, jobs, education, real estate, cars & more. |
 |
| LinkBack | Thread Tools | Display Modes |
12-02-06, 03:18 AM
| #1 |
| Guest
Posts: n/a
|  Intuit to acquire banking software company Digital Insight Makers of finance related software applications Intuit has said that they are acquiring software company Digital Insight that specializes in making applications for banking. The deal is worth around $1.35 billion and it would be conducted in a cash transaction. The deal would see Intuit paying $39 per share for Digital Insight. This price is an 18 percent premium over the current share prices of the company in the market. Digital Insight CEO Jeff Stiefler would be taking the position of the president of the newly formed financial institutions business unit within Intuit. Intuit added in a statement that they expect this division to generate profits by 2008. |
 |
|
| Tags |
| acquire, banking, company, intuit, software |
« Warner Music Group post profits but decreased revenues
|
Cyber Monday sets new record for online shopping »
| Thread Tools | |
| Display Modes | |
Linear Mode
| |
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| RadioScape celebrates ten years as pioneer in Digital Radio | Guest | PR Releases Database | 0 | 11-26-06 06:58 PM |
All times are GMT +5.5. The time now is 09:23 AM.
