Sources say Dropbox paid $100 million for Mailbox
Share:
A bit earlier today, we heard that Dropbox had acquired the iOS Gmail app Mailbox and the team behind that app. When the deal was first announced, there was no word on how much Dropbox might have paid, but a new report says that Dropbox could have paid as much as $100 million to acquire the product and the talent.
Inside sources are a bit split on the actual total cost to Dropbox. One source told GigaOM that Dropbox paid about $50 million to purchase Orchestra, the company behind Mailbox. But, another source for GigaOM, as well as a source for TechCrunch both quoted the sale price at closer to $100 million in cash and stock.
Also, according to GigaOM, both Yahoo and Facebook had also been interested in purchasing the company, which could have caused a bit of a bidding war, and driven up the price.
source: GigaOM & TechCrunch
Share:
Unofficial Google Glass concept makes it much more stylish (and useless) 
Tablet app revenue could pass smartphones by 2018 
-
First phone with flexible screen coming by the end of the year
-
Huawei Ascend D2 surprisingly scores as best 1080p LCD display, beats HTC One, Sony Xperia Z
-
HTC Butterfly S is announced
-
Alleged iPhone 5S display front pops up in high resolution
-
Exclusive: HTC One Mini will be coming to AT&T
-
Video of iOS 7 on iPad may show faster boot time
5 Comments
1. Rydsmith posted on 15 Mar 2013, 20:46 6
Is it just me or does it irk anyone else when it is typed "payed" and not "paid??
2. BillyG posted on 15 Mar 2013, 21:16 0
its how they lure you to klick the link so they got payed...
4. denn90 posted on 16 Mar 2013, 12:25 0
who would of thought Phonearena actually reads the comments lol
