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]