General Consultant Discussion

intuit puts venerable Quicken up on the block Intuit plans to sell its Quicken unit, the group that creates the personal finance software that made the company famous. http://cwonline.computerworld.com/t/9268204/422294/753898/11/?c1e998ea=Y29tcHV0ZXJ3b3JsZF9kYWlseW5ld3M%3d&03f17c32=OTlkMDBjMzhkMTAxYTk4MDNkMDg3NzkyNTVlZDZmZTQ%3d&x=3ec8895d

Our strategy is focused on building ecosystems and platforms in the cloud. We value our loyal Quicken customers and we're seeking a buyer who will provide the product support and the service they deserve.

The first sentence is I believe their strategy. They probably didn't see a way to turn Quicken into a recurring revenue stream - especially since so much happens online. Don't forget they also bought Mint some years back so it's possible they will use Mint as a type of Quicken replacement.

And if I recall Quicken was originally the program 'electronic checkbook' written by George Riviere and George Shackelford from SOTA and sold to Intuit.