Dropbox Buys U.S.-Israeli Mobile Document Firm

Dropbox Buys U.S.-Israeli Mobile Document Firm
Image credit: Dropbox | CloudOn

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
1 min read
This story originally appeared on Reuters

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.

(Reporting by Tova Cohen)

More from Entrepreneur
Our Franchise Advisors will guide you through the entire franchising process, for FREE!
  1. Book a one-on-one session with a Franchise Advisor
  2. Take a survey about your needs & goals
  3. Find your ideal franchise
  4. Learn about that franchise
  5. Meet the franchisor
  6. Receive the best business resources
Make sure you’re covered if an employee gets injured at work by
  • Providing us with basic information about your business
  • Verifying details about your business with one of our specialists
  • Speaking with an agent who is specifically suited to insure your business
Make sure you’re covered for physical injuries or property damage that occur at work by
  • Providing us with basic information about your business
  • Verifying details about your business with one of our specialists
  • Speaking with an agent who is specifically suited to insure your business

Latest on Entrepreneur