Dropbox buys U.S.-Israeli mobile document firm CloudOn
By Reuters
Jan 21, 2015 03:59 AM EST
© 2024 Copyright Venture Capital Post. All Rights reserved.
Jan 21, 2015 03:59 AM EST
Online document-sharing company Dropbox has acquired U.S.-Israeli CloudOn, a developer of tools to simplify creating and editing documents on mobile devices, the companies said on Wednesday.
Financial details were not disclosed.
CloudOn will become Dropbox's first Israeli office and will focus on research and development. Dropbox plans to hire more engineers for the Israel operations.
In November Dropbox teamed up with Microsoft Corp to allow Office software users to manage and share files through Dropbox's website and mobile app.
© Reuters All rights reserved.