Dropbox

Dropbox boosts mobile talent with CloudOn buy

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Image: PC World

22 January 2015

Dropbox added yet another young startup to its brain trust with the acquisition of Israeli mobile productivity app maker CloudOn.

Terms of the deal were not disclosed.

The move also broadens Dropbox’s presence outside the US, where some 70% of its 300 million users are located, the company said. CloudOn’s engineers will form Dropbox’s first Israel office, which joins locations in San Francisco, Seattle, New York and Dublin.

CloudOn has now stopped accepting new users for its service, which will shut down for good on 15 March, the company said.

Among numerous other companies acquired by Dropbox over the past couple of years are photo-storage firm Snapjoy, e-mail management provider Mailbox, mobile coupon company Endorse, text editor app Hackpad and photo sharing app Bubbli.

Continuing its mobile efforts further, Dropbox last autumn partnered with Microsoft to enable Dropbox access from within Office apps and to allow users to edit Office files from the Dropbox mobile app.

Now, Dropbox will gain document-creation capabilities through CloudOn’s technology allowing users to create, review, edit and share Microsoft Office and other files from any platform or device.

Following its founding in October 2009, CloudOn raised more than $26 million in funding and won some 9 million users around the world.

IDG News Service

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