Intuit Inc. of Mountain View, Calif., said it has completed its $1.33 billion acquisition of the Calabasas online banking outsourcer Digital Insight Corp.
Jeffrey E. Stiefler, Digital Insight's chief executive, was named the president of Intuit's financial institutions division.
When the deal was announced in November, Intuit said it wanted to use Digital Insight's online distribution capabilities to offer the capabilities of its Quicken personal finance software and QuickBooks small-business accounting software over the Internet.
In announcing the deal's closing Wednesday, Intuit reiterated its intent to integrate Digital Insight's online banking and corporate cash management services with its financial planning systems.
Intuit also said it now serves 5,000 financial institutions, nearly 25 million consumers, and close to 7 million small businesses.
