Intuit CEO's $20 billion buying spree has put tax software company firmly on tech M&A map
- Intuit's $12 billion purchase of Mailchimp this week comes nine months after the company closed the $8.1 billion acquisition of Credit Karma.
- Prior to that, Intuit had only completed one billion-dollar deal since its founding in 1983.
- "With their capabilities and the assets we have across Intuit, we leaped forward five to 10 years," said Intuit CEO Sasan Goodarzi.
When Sasan Goodarzi took the helm at Intuit in January 2019, the tax software company had made just one billion-dollar acquisition in its 36-year history.
Goodarzi has since completely rewritten the playbook.
Intuit announced on Monday that it's buying email marketing provider Mailchimp for $12 billion. Nine months earlier, it closed the $8.1 billion purchase of personal finance company Credit Karma. They're both among the 10 biggest U.S. …
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