Sources say Dropbox paid $100 million for Mailbox

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

FEATURED VIDEO

5 Comments

1. Rydsmith unregistered

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

2. BillyG

Posts: 305; Member since: Sep 24, 2012

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

3. MichaelHeller

Posts: 2734; Member since: May 26, 2011

Wow, that was awful. Thanks for the catch!

4. denn90

Posts: 14; Member since: May 03, 2011

who would of thought Phonearena actually reads the comments lol

5. nnaatthhaannx2

Posts: 820; Member since: Oct 19, 2011

Only Michael H because he's the best.

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.