|Company Name||CEO||Acquisition Company||Purchase Price||Deal Status|
Dropbox DocSend 165M DocSend 17KmillerTechCrunch
Cloud company, Dropbox acquired DocSend document sharing company for $165 million. Under the agreement, Dropbox buys DocSend under customary purchase. The acquisition is done in Q1 of 2021 and will impact the future working of the company DocSend.
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Dropbox, HelloBox and DocSend combination will make the industry documentation workflow easy and secure. One can send documents, eSign, and secure all the data on the cloud with encryption.
Drew Houston, co-founder of DropBox helps 700 million users to manage documents in 180 countries and the new trio will help more industries.