Jun 2nd, 2009 - Wall Street Journal
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Adds further detail and analyst comment.)
Of DOW JONES NEWSWIRES
SAN FRANCISCO (Dow Jones)--Intuit Inc. (INTU) acquired privately held online payroll servicer PayCycle Inc. for $170 million, as the business and financial-management solutions provider looks to boost its payroll solutions offerings.
The maker of TurboTax and accounting software Quickbooks said the acquisition of PayCycle would accelerate the growth rate of its overall payroll business and ...
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