| Intuit to buy Homestead Technologies
MOUNTAIN VIEW, Calif. (AP) - Software developer Intuit Inc. (Nachrichten) said Monday it will buy Homestead Technologies Inc., a privately held maker of Web site development software, in a deal it valued at $170 million. Intuit, which makes Quicken, TurboTax and small business accounting software QuickBooks, said the deal will add Web site creation and e-commerce software to its product mix. 'This acquisition supports our growth strategy in small business by addressing an underserved need, and continues Intuit's move beyond financial management solutions into helping small businesses solve other important problems,' Brad Smith, senior vice president of Intuit's small business group, said in a statement. Homestead will become part of the small business group following the acquisition.
Intuit to Buy Homestead Technologies
Software developer Intuit Inc. said Monday it will buy Homestead Technologies Inc., a privately held maker of Web site development software, in a deal it valued at $170 million. Intuit, which makes Quicken, TurboTax and small business accounting software QuickBooks, said the deal will add Web site creation and e-commerce software to its product mix. "This acquisition supports our growth strategy in small business by addressing an underserved need, and continues Intuit's move beyond financial management solutions into helping small businesses solve other important problems," Brad Smith, senior vice president of Intuit's small business group, said in a statement. Homestead will become part of the small business group following the acquisition. Justin Kitch, the company's founder and chief executive, will manage the Homestead staff.
Panama Recognizes Taiwan For Helping Develop Aquatic Resources
A Panamanian official has offered his appreciation to Taiwan for helping his country develop aquatic resources and providing technical training and small loans. The Panamanian official made the remarks Wednesday at a ceremony held to celebrate the first anniversary of the Central American country's water resources agency. .
By Jon Stewart News-Post Staff
BALTIMORE — A local hobby store owner takes exception to a Maryland public interest group's solution to stemming the tide of unsafe toys on America's store shelves. The Maryland Public Interest Research Group, or Maryland PIRG, recently urged Congress to pass legislation to bolster the sagging resources of the Consumer Product Safety Commission. Maryland PIRG is part of a nationwide network of nonprofit, nonpartisan, state-based public interest advocacy organizations. "There are three federal bills, one in the Senate and two in the House, that are attempting to fix the problems at the safety commission," said David Kosmos, program associate for Maryland PIRG. Maryland PIRG on Wednesday released its 22nd annual survey of toy safety, 2007 Trouble in Toyland, that provides safety guidelines for parents when purchasing toys for small children, with special emphasis on children under 3.
|
