Microsoft wanted Intuit because it expected it to work as a lever to get into banking.
Dennis R Redmond wrote:
> On Thu, 28 May 1998, Carrol Cox wrote:
>
> > Microsoft tried to buy Intuit (which makes Quicken) but the Justice
> > refused to approve. M's financial software I believe is called *Money*,
> > and has (I think) been gaining on Intuit.
>
> Actually, I read somewhere Intuit has been giving MS fits. Intuit has lots
> of links with major banking institutes, and provided good customer service
> and a quality software package to go with it; "Money" has had lots of
> distribution, but hasn't really cracked the lucrative
> financial-professional market.
>
> And now, Netscape says it's actually making money again. Could it be that
> the fears of Microsquash-world are overdone? BillG is a vampire, sure, but
> is Larry Ellison or Marc Andreesen really an alternative?
>
> -- Dennis
-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu