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Intuit Agrees to Buy Singapore Inventory Software Maker

  • Intuit is said to pay more than $80 million for TradeGecko
  • TradeGecko will be integrated into Intuit’s QuickBooks Online

Intuit Inc. has agreed to acquire TradeGecko, a Singapore-based inventory and order management software platform for small retailers and wholesalers in more than 100 countries.

The Mountain View, California-based company will integrate TradeGecko’s system into its QuickBooks accounting suite to help sellers manage their orders and inventory, according to a blog post. The transaction is expected to close in September.