Magi Astrology


FINANCIAL ASTROLOGY

First Trade Date for Intuit Inc.

 

 

Company NameFirst Trade Date (yyyy-mm-dd)
Intuit Inc.1993-03-12

Company NameSymbol
Intuit Inc.INTU
History and Business of Company
(this information may include date of incorporation)
Intuit Inc. (INTU) provides small business accounting, tax preparation and consumer finance desktop software products, financial supplies, and Internet products for individuals and small businesses.

The company's electronic finance ls encompasses three types of products and services: (1) desktop software products, such as Quicken, QuickBooks and Quicken TurboTax, that operate on customers' personal computers to automate financial tasks; (2) online products and services, such as Quicken.com, QuickenLoans, QuickenInsurance and Quicken TurboTax for the Web, that are delivered via the Internet; and (3) products and services, such as QuickBooks Online Payroll service, that connect Internet-based services with desktop software to enable customers to integrate their financial activities. Revenues come primarily from the U.S., Japan, Canada and the United Kingdom, through retail distribution channels, direct customer sales and via the Internet.

While desktop software and related products and services now provide most of the company's revenue, its Internet-based revenue is growing rapidly. Internet products and services include activities where the customer realizes the value of the goods or services directly on the Internet or an INTU server. Internet product revenues include, for example, advertising revenues generated on the Quicken.com website, online tax preparation and electronic tax filing revenues, online payroll service revenue and transaction and processing fees from its online insurance and online mortgage services.

The company launched its most recent version of QuickBooks (QuickBooks 2000) in January 2000. QuickBooks 2000 features the QuickBooks Internet Gateway platform of connected and integrated electronic services, that is designed to offer small businesses direct access to services from third parties, such as electronic postage and merchant account services, that can help them more easily and efficiently manage their business. It also features QuickBooks Site Builder, a new web site creation and domain name registration tool that enables small businesses to quickly establish a presence on the Web.

In December 2000, INTU acquired EmployeeMatters, Inc., an internet-based payroll and human resources provider operating out of Stamford, CT. Also in December, the company entered a strategic partnership with Iomega Corporation by which Quicken TurboTax would be included on Iomega Zip disks for tax year 2000.

INCORPORATED in Delaware Feb. 1, 1993, and on Mar. 5, 1993, merged Intuit, a predecessor company, on a share-for-share basis. Intuit was incorporated in California in March, 1984. December 12, 1993, acquired all outstanding shares of ChipSoft, Inc. through the issuance of 7,257,190 Common shares. In addition, the company assumed all outstanding ChipSoft Common stock options which converted to apx. 817,010 Common stock options of the company. ChipSoft publishes income tax preparation software for personal computers. OFFICE- 2535 Garcia Ave., Mountain View, CA, USA 94043 (Tel.: 650-944-6000). Fax - 650-462-2955. WEBSITE- http://www.intuit.com/.





 

 

 

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