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| VIEW EVENT INFORMATION: Dropbox |
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Dropbox Acquires Startups Loom |
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About the organization Dropbox:
Type: Business
Sub-Types: Website, File Hosting Agent, Picture Hosting Agent, Video Hosting Agent, Audio Hosting Agent |
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Notable Organizations: Dropbox, WSJ.D Technology
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| Amid a push to expand its services, Dropbox has acquired a pair of startups: photo-sharing company Loom and document-sharing startup Hackpad.
Dropbox has quietly been making small acquisitions since 2012 and appears to be ramping up its pace, buying two companies in 2012, four last year, and at least four so far this year.
Venture-backed Loom said it will shut down its service and roll it into Dropbox’s recently released cloud-based storage service Carousel. The San Francisco-based company said existing users have until May 16 to export their data. |
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