By bringing Dropbox, HelloSign, and DocSend together, we’ll be able to offer a full suite of secure, self-serve products to help them manage critical document workflows from start to finish.”Īs work becomes more distributed, effective collaboration with external parties feels more siloed and results can be difficult to measure.ĭocSend gives customers visibility into what happens to their documents after they send them, adding a layer of intelligence on top of the scale and distribution of the Dropbox content platform.įor example, client services teams and creative professionals who already rely on Dropbox to organize and collaborate on presentations and projects can use DocSend to deliver proposals and track engagement, and HelloSign to manage contracts and invoices. “DocSend is a perfect complement to our product roadmap and we’re thrilled to welcome them to our team. “Given the dramatic rise in remote work, there’s increased demand for digital tools that help people organize their content and seamlessly collaborate with each other,” Dropbox Co-Founder and CEO Drew Houston, said in a statement.
Under the terms of the agreement, Dropbox will acquire DocSend for $165 million (R2.5 billion) in cash subject to customary purchase price adjustments and closing conditions.
Dropbox, one of the most popular cloud storage solutions in the world, today announced it has entered into a definitive agreement to buy DocSend, a secure document sharing and analytics company with more than 17,000 customers.
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