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Intuit To Acquire Check In $360 Million Deal

By TechTaffy Desk

Check

Intuit has entered into a definitive agreement to purchase Check, a Palo Alto, Calif.-based company in the mobile bill pay space. The transaction, pegged at  roughly $360 million, is expected to close in the fourth fiscal quarter of 2014, subject to customary closing conditions. Check will join Intuit’s Consumer Ecosystem Group.  Guy Goldstein, Check’s co-founder and CEO, will serve as vice president and report to Intuit CEO Barry Saik.

[Image courtesy: Check]

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