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Intuit and ADP Make SaaS Acquisitions, But High Unemployment Hurts

Posted on Monday, Nov 23rd

This month, both Intuit and ADP made some SaaS acquisitions. Intuit has followed an aggressive acquisition strategy this year. It began its SaaS rollup with PayCycle for $170 million in June, and early this month it bought Mint.com for $170 million. ADP made its first acquisition this year with HRinterax, which has an award-winning Web-based

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