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Sources say Dropbox paid $100 million for Mailbox

Posted: , by Michael H.

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Sources say Dropbox paid $100 million for Mailbox
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

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posted on 15 Mar 2013, 20:46 6

1. Rydsmith (unregistered)

Is it just me or does it irk anyone else when it is typed "payed" and not "paid??

posted on 15 Mar 2013, 21:16

2. BillyG (Posts: 305; Member since: 24 Sep 2012)

its how they lure you to klick the link so they got payed...

posted on 15 Mar 2013, 22:08 1

3. MichaelHeller (Posts: 2720; Member since: 26 May 2011)

Wow, that was awful. Thanks for the catch!

posted on 16 Mar 2013, 12:25

4. denn90 (Posts: 14; Member since: 03 May 2011)

who would of thought Phonearena actually reads the comments lol

posted on 16 Mar 2013, 21:32

5. nnaatthhaannx2 (Posts: 820; Member since: 19 Oct 2011)

Only Michael H because he's the best.

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