Intuit Buys Calif.-Based Analytical-Software Company
May 28 2019 - 12:33PM
Dow Jones News
By Chris Wack
Intuit Inc. (INTU) said Tuesday that it has entered into an
agreement to acquire Origami Logic, the makers of an advanced data
integration, ingestion and analytics platform.
The software company said in a release that this transaction
will support a critical component of Intuit's goal of streamlining
data structures and architecture to best unlock opportunities for
customers.
Intuit, the maker of TurboTax and QuickBooks, said that the
transaction is expected to close in the fourth quarter of fiscal
2019, and will have no material impact on its guidance for fiscal
2019.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
May 28, 2019 12:18 ET (16:18 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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