There is a possibility that the mail delivery tool 'MailChimp' will be acquired by the accounting software 'Intuit' for over 1.1 trillion yen.

There is a possibility that MailChimp, which provides marketing tools using email, will be acquired by Intuit, which provides accounting software that boasts an overwhelming market share in the United States. The purchase price is expected to exceed 10 billion dollars (about 1.1 trillion yen).

Intuit Said in Talks to Buy Mailchimp for $ 10 Billion-Plus --Bloomberg
https://www.bloomberg.com/news/articles/2021-09-01/intuit-said-in-talks-to-buy-mailchimp-for-more-than-10-billion

MailChimp has been growing steadily since it was founded in 2001, and it is said that the profit before interest tax in 2020 will reach 300 million dollars (about 33 billion yen). The sale of MailChimp was reported in August 2021, and the companies considering acquisition include several major technology companies, and the sale amount is 10 billion dollars (about 1.1 trillion yen). Is expected to be.

There is a possibility that the mail delivery tool 'MailChimp' will be acquired for about 1.1 trillion yen --GIGAZINE

As of September 1, 2021, Bloomberg reported that Intuit, which develops and provides accounting software, is considering the acquisition of MailChimp, based on information from anonymous sources. The acquisition amount is said to exceed 1.1 trillion yen, but the acquisition has not yet reached the final decision, and it is possible that the acquisition will not be made or that other companies will make the acquisition. That is.

Intuit was founded in 1983 and has provided the personal financial management tool 'Quicken'. Since going public in 1993, it has been aggressively acquiring tax preparation software company Chipsoft and others, and Microsoft proposed the acquisition in 1994, but the US Department of Justice did not approve the acquisition.

Since Intuit became competing with Microsoft because the acquisition was not approved, we tried to expand the functions of accounting software 'QuickBooks' for small and medium-sized enterprises and income tax filing software 'TurboTax', and tax preparation software 'TurboTax' We have acquired Lacerte Software, data analytics company Origami Logic , and personal financial services provider Credit Karma . This time, when Mailchimp is actually acquired, it will be the highest acquisition in Intuit history.

Mailchimp has not responded to requests for comment on the acquisition.