Intuit
announced last week that it has sold
Quicken to private equity firm H.I.G. Capital, which plans to double the personal finance tool's Mac engineering team in an effort to improve the 33-year-old software. The investment group aims to bring Quicken for Mac closer in line with the Windows version.
"On the Mac team, we're bringing in a new product manager starting this coming Monday," said Quicken head Eric Dunn. "We have plans within the calendar year to double the engineering team, so we can do the work we need to do to bring Mac closer to the feature set of Windows over the next quarters and years."
Quicken is the most popular personal finance software in the United States, but the Mac version has
historically been lacking compared to its Windows counterpart. Dunn is confident that the software "will thrive with increased investment" and "become great again" under the new investment group's leadership.
Quicken 2016 for Mac, the latest version of the software, is available as a one-time purchase for $74.99.
Article Link:
Quicken to Double Mac Engineering Team to Finally Improve OS X Version