Intuit to Buy Innovative Merchant

My spin: When you’ve got money and know how to spend it there’s only one option – growth.
“The company said the purchase will allow for expanded merchant-account offerings, such as a broader range of payment options.”

News Clip: MOUNTAIN VIEW, Calif. – Intuit Inc., maker of Quicken and TurboTax personal finance software, Tuesday agreed to buy credit and debit card processing company Innovative Merchant Solutions for up to $116 million in cash.(More information)

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Ramon Ray, Editor & Technology Evangelist, Smallbiztechnology.com . Editor and Founder, Smart Hustle Magazine Full bio at http://www.ramonray.com . Check him out on Google Plus, Twitter or Facebook