Cloud-Based Business Acquisitions Increasing

Inuit was said to have acquired a cloud-based payroll service this past month. The buy joins a recent purchase of a cloud-based bookkeeping company made by Intuit earlier this year. It’s fascinating and exciting to watch the movement and innovations taking place in the cloud computing industry. We can definitely expect more acquisitions in the future, as startups and advancements are created and tools of all kinds leap from traditional sources to the new cloud-based technology world. I shared a bit of insight about cloud-based communication solutions this past summer in CPA Advisors if you’d like to read more here. 


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