Intuit may buy email marketing company Mailchimp for $10 bn

Intuit, the developer of TurboTax and QuickBooks software, is in talks to buy email marketing company Mailchimp for more than $10 billion, Bloomberg News reported late Tuesday.
No final decision has been made and discussions could fall through, the report said, adding that another buyer could also emerge for Mailchimp.

It would be the largest deal to date for Intuit if talks are successful.

The Mountain View, California-based company delivered a 41 percent surge in its fourth-quarter revenue compared with a year-ago period.

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