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Thoma Bravo announced Thursday that it's completed the acquisition of Intuit's financial services division in a deal valued at more than $1 billion.
August 2 -
Intuit Inc. said Monday it has agreed to sell its online and mobile banking division for about $1 billion in cash to Thoma Bravo LLC, a private equity firm.
July 1
Digital Insight, which sells technology to banks, announced Monday it hired a new chief executive: John O'Malley.
O'Malley has served as the chief executive for Panini, a check processing technology company and Memento, which was acquired by Fidelity National Information Services (FIS). He has also spent time as the president and chief executive of Harland Financial Solutions, among other leadership positions within the financial services industry.
Thoma Bravo LLC, a private equity firm,
O'Malley replaces CeCe Morken, who remains with Intuit. O'Malley will assume his role on Nov. 1.
In July, Digital Insight counted 2,900 financial institutions as customers, and provided about 1,100 of them with customer-facing software.
