Dropbox reportedly paid around $100 million for Mailbox

Dropbox reportedly paid around $100 million for Mailbox

Earlier this morning the creators of the popular Gmail client Mailbox announced they’d been purchased by Dropbox , but the financial details were a mystery. According to recent reports, however, Dropbox may have paid in the neighborhood of $100 million for the app. GigaOm is reporting that its sources say that Dropbox paid more than $50 million for Orchestra, the company behind Mailbox, with another clarifying that the number was actually much closer to $100 million. Those figures match up with what TechCrunch is hearing as well, with that publication’s sources saying the deal was worth nearly $100 million in cash and stock. GigaOm also reports that both Yahoo and Facebook had been talking to the Mailbox team about a possible acquisition…

Read the article:
Dropbox reportedly paid around $100 million for Mailbox

TwitterFacebookStumbleUponLinkedInTumblrShare

Comments are closed.

Ads
SEO Powered by Platinum SEO from Techblissonline