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Dropbox Inc. acquired FormSwift, a leading provider of cloud-based document creation and editing tools, in a deal valued at $95 million.
FormSwift’s tools complement Dropbox's existing ecosystem by providing users with seamless solutions for creating, editing, and managing various document types, including PDFs and legal forms.
The deal strengthens Dropbox’s position in the competitive cloud document management market.
Parties
Company
Dropbox Inc.
Company
FormSwift
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
$ 95,000,000Deal Status
ClosedClosing Date
16 December 2022