Credit Union Times – 7/1/13: Intuit Inc. and private equity fund Thoma Bravo announced Monday they had reached a definite agreement for Thoma Bravo to acquire Intuit Financial Services for $1.025 billion. The cash deal, which is subject to regulatory review, is expected to close in a few months. Per numbers provided by Callahan & Associates to Credit Union Times, 339 credit unions use IFS for Internet home banking.
Click here to read more: http://www.cutimes.com/2013/07/01/intuit-financial-services-sold-to-private-equity-f?ref=hp

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Source: Paymentspulse