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MOUNTAIN VIEW, Calif.--()-- Intuit (Nasdaq: INTU), the global innovation platform that makes Turbo, Tax, Quick, Books, Mint, and Credit Karma, today announced that it has accepted get Mailchimp, a world-class, international customer engagement and marketing platform for growing small and mid-market businesses. The planned acquisition of Mailchimp for roughly $12 billion in cash and stock advances Intuit's objective of powering success all over the world, and its strategy to end up being an AI-driven expert platform.
Together, Intuit and Mailchimp will work to deliver on the vision of an ingenious, end-to-end consumer growth platform for little and mid-market organizations, enabling them to get their business online, market their service, manage client relationships, take advantage of insights and analytics, earn money, access capital, pay employees, enhance cash flow, be arranged and stay compliant, with professionals at their fingertips.
"We're focused on powering prosperity around the world for consumers and small companies. Together, Mailchimp and Quick, Books will assist solve little and mid-market organizations' most significant barriers to growth, getting and retaining consumers," stated Sasan Goodarzi, CEO of Intuit. "Broadening our platform to be at the center of small and mid-market service development assists them overcome their crucial monetary obstacles.
Established in Atlanta, GA in 2001, Mailchimp began by offering e-mail marketing solutions, and evolved into a global leader in consumer engagement and marketing automation sustained by an effective, innovative AI-driven innovation stack. Global customer reach with 13 million overall users internationally, 2. 4 million month-to-month active users, and 800,000 paid consumers; with 50 percent of clients outside of the U.S.
AI-powered automation at scale fuels 2. 2 million daily AI-driven predictions. "Over Related Source Here , we've significantly broadened and developed Mailchimp's platform to assist countless small companies around the world start and grow," said Ben Chestnut, CEO and Co-founder of Mailchimp. "With Intuit, we have actually discovered a shared enthusiasm for empowering small companies.
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