Intuit (INTU) said Wednesday it has agreed to buy human resources and benefits platform GoCo for an undisclosed amount.
Intuit will add GoCo's features to its Enterprise Suite and QuickBooks Payroll, starting with Premium and Elite Payroll customers in the US, the company said.
The transaction is expected to close in Q4, it added.
Shares of the company were up about 3.8% in recent trading.
Price: 605.96, Change: +22.40, Percent Change: +3.84