November 25, 2004
Software Company Expands Its Reach
Kintera, a San Diego company that provides Web-based software for nonprofit organizations, has signed an agreement with Intuit to acquire American Fundware, which makes accounting software designed for charities and government agencies. Intuit, a Mountain View, Calif., company that produces personal-finance and business software -- such as TurboTax and QuickBooks -- purchased American Fundware in 2002.
Kintera will pay approximately $11-million in cash for American Fundware,
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