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  Microsoft Takes Aim At Intuit Again
Time: 15:44 EST/20:44 GMT | News Source: Internet Week | Posted By: Todd Richardson

Microsoft is hoping Magellan can take it where Microsoft Profit and bCentral Finance Manager could not. The destination? Small business accounting, a market dominated by Intuit's QuickBooks.

After several failed attempts, the software giant will once again make a foray into small business accounting with a project code-named Magellan, sources said. Details are sketchy. A Microsoft spokeswoman confirmed the code name, and said the company continues to investigate the best ways to serve small businesses, but that it is too early to talk product plans.

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