Intuit to acquire Mailchimp for $12 billion

Monday, 13. September 2021 22:43

Intuit has reached an agreement on Monday to buy email marketing company Mailchimp for $12 billion in order to speed up its growth among small business clients.

The contract is especially interesting since it represents the biggest-ever deal for a privately-held bootstrapped company. Since its founding in 2001, Mailchimp hasn't taken to date any outside funding.

Related Links: Intuit Inc.
Author:
Breaking the News / ND