Lettuce Acquired by Intuit

Order management tool Lettuce has been acquired by Intuit, the maker of popular accounting software Quickbooks.

Lettuce CEO Raad Mobrem said "While this is a big step for Lettuce, it doesn’t mean that much will change. Since the beginning, we've worked hard to improve the way you manage your orders and inventory so you can eliminate time-consuming, tedious tasks and spend more time doing the things you love. We plan on continuing down this path and once the transaction is closed, with Intuit's support, we plan to accelerate this tremendously. Intuit has the same philosophy, and is passionate about creating solutions that simplify the business of life for small businesses around the world."

PandoDaily reported that Intuit pad $30 million in cash for the company and that Lettuce will be integrated into Intuit’s own Quickbooks online.

Source: Lettuce and PandoDaily.

Tagged: Acquisitions
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