Intuit history

1984: Intuit introduces Quicken, a personal finance software product.

By 1986 Cook and Proulx were beginning to see some light at the end of the tunnel.

When Cook preached customer service to his employees at a meeting in 1988, he told them that he wanted Intuit's service to improve to the point where customers would become 'apostles' for Quicken by purchasing other Intuit products and telling their friends about Intuit's offerings.

Sales climbed to $55 million in 1991 from just $20 million three years earlier, and Intuit's workforce more than doubled in 1991 to about 425 employees.

By 1992, Quicken (at a retail price of $70) was dominating the personal financial software market with a powerful 70 percent share.

In 1993 Intuit spent $243 million to purchase ChipSoft, which allowed customers to file tax returns electronically.

Early in 1994 Cook selected 53-year-old William V. Campbell to serve in the newly created post of president and chief executive officer.

Microsoft, with Cook's cooperation, attempted a buyout of Intuit in 1995.

In 1996 Intuit acquired GALT Technologies, Inc., a provider of mutual fund information on the Web, for about $14.6 million.

Intuit continued to make strategic acquisitions, and in 1997 it purchased Nihon Micom Co.

Net income reached $376.5 million, a significant improvement over a net loss of $12 million in 1998.

In September 1999 William Harris stepped down as CEO. Former CEO William Campbell filled in as interim CEO as the search for a permanent replacement commenced.

In June 2013, Intuit announced it would sell its financial services unit to private equity firm Thoma Bravo for $1.03 billion.

As of May 2018, Intuit had more than US$5 billion in annual revenue and a market capitalization of about US$50 billion.

In August 2020, Intuit QuickBooks Canada was expected to reveal intentions to partner with Digital Main Street, as the company aims to help digitally turn Canadian small businesses.