Tag Archives: 100 Million

Dropbox Acquires Mailbox

Dropbox Acquires Mailbox

Dropbox, the most popular cloud storage company is now moving to make their business get even more bigger. They are not just a company that sticks to the cloud and syncing business, they do have ambition and not just a small ambition, a very big ambition that wants to be in every internet users center of online needs or apps. To make this happen, the cloud storage company acquired the owner of the Mailbox app, Orchestra.

The question now is how much did it cost for the San Francisco-based company to acquire Orchestra? According to various sources gathered across the internet, other say about $50 million, and another source said that the deal was close to $100 million.

Dropbox is said to have a value of $4 billion and is now an aggressive acquirer of small business. They might just get huge in the near future if they keep on acquiring respectable companies like Orchestra.

Dropbox Acquires Mailbox

Mailbox owner, Orchestra, just raised a $5.3 million from fundraisers such as CrunchFund, etc. and was valued somewhere from $15 to $20 million. If the $50 million deal is true, it’s quite a good return for the investors already, how much more if it’s really close to a hundred million? and Orchestra is not that near yet in becoming a legitimate business.