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Intuit acquires online banking firm, Electronic Clearing House, for $142M

Intuit acquires online banking firm, Electronic Clearing House, for $142M

Intuit, the Mountain view financial software company, said it will acquire public Camarillo, Calif. company Electronic Clearing House for $142 million.

ECHO offers services such as check and bank-card processing, check verification, collection and automatic clearing-house capabilities.

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