Document Management
- Parent Category: ROOT
- Monday, 23 July 2018
- Published Date
- Written by Bob Scott
Intuit is getting out of the data center business. The company is selling its largest data center in Quincy, Wash., to H5 Data Centers. The latter is described as one of the largest privately-owned data center operators in this country.
Intuit moved TurboTax Online to AWS during tax season and expects to complete moving QuickBooks Online to the AWS platform this year.
“Now that most of our core applications are in AWS, the time is right to transition the ownership and operation of this data center to a team who will expertly manage the infrastructure through the remainder of this transition,” Tayloe Stansbury, Intuit’s chief technology officer, said in a prepared statement.
The deal will result in a GAAP operating loss of $75 million to $85 million for the year ending July 31, Intuit said.
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