Intuit in talks to buy Mailchimp for over $10 bln

  • Intuit Inc, the developer of TurboTax and QuickBooks software, is in talks to buy email marketing company Mailchimp for more than $10 billion, Bloomberg News reported late Tuesday, citing people familiar with the matter.
  • No final decision has been made and discussions could fall through, the report said, adding that another buyer could also emerge for Mailchimp.
  • If talks are successful, it would be the largest deal to date for Intuit, according to the report.