HelloSign, a Bay Area startup, was launched in 2011 to help companies create a paperless environment by enabling electronic signatures, as well as additional services. Since going public last year, this will be Dropbox’s largest cash purchase ever at $230 million. Together, we can deliver an even better experience to Dropbox users, simplify their workflows, and expand the market we serve.” HelloSign has built a thriving business focused on eSignature and document workflow products that their users love. We’re thrilled to welcome HelloSign’s talented team to Dropbox and add their capabilities to our product suite. This acquisition will enable the company to expand its technical abilities, along with allowing it to better compete with industry giants Adobe, DocuSign, Apple, Google, and Microsoft in the electronic signature space.Ĭo-Founder and CEO Drew Houston of Dropbox explained the reasoning behind the decision to acquire HelloSign: “With over an exabyte of data on our platform, millions of people already use Dropbox as a place to collaborate on their most important content. Dropbox is cloud storage, file synchronization, personal cloud, and client software. Since contracts are vital to most businesses, the recent news of Dropbox acquiring electronic signature startup HelloSign is a logical step. Traditionally, you had to print, sign, scan, and email documents to your clients for them to print, sign, and fax signatures back to you. Going paperless with technology has become the mainstay for most technology companies. Acquisition, cloud storage, digital, Dropbox, Enterprise Cloud, File sync-and-share, file synchronization, HelloSign, personal cloud, SaaS
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