Digital Insight Sold

CALABASAS, Calif. – Digital Insight Corp., one of the leading providers of Internet anking services, announced today it has agreed to be acquired by financial software company Intuit Inc. Intuit, which is headquartered down the road in Mountain View, Clif., will pay $39 a share, of about $1.35 billion. Together, the companies will serve more than 5,000 financial institutions, nearly 25 million consumers and nearly 7 million small businesses. The acquisition will combine Intuit's culture of customer-driven innovation and leading brands with Digital Insight's best-in-class distribution and application service provider model. With the acquisition, Intuit will be able to combine work flows in its financial management tools with online banking capability offered by Digital Insight to create new, easier, and better-value offerings for consumers and small businesses.