Intuit Will Buy Mint.com For $170 Million

No longer wishing to compete with Mint.com, Quicken-maker Intuit has decided to buy it. The AP says that the company plans to keep its current offering, Quicken Online, but that it will be aimed at customers who also use its Quicken desktop software. Mint.com will become the company’s primary personal finance website.

Are you cool with this?

Intuit Agrees to Buy Mint.com for $170 Million [NYT]