Dropbox to acquire HelloSign for $230 million

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Dropbox has entered into a definitive agreement to acquire HelloSign, an e-signature and document workflow platform, for $230 million in cash. The acquisition is expected to close in Q1 2019, subject to customary conditions.

HelloSign has over 80,000 customers, according to a statement from Dropbox. A HelloSign-Dropbox extension was launched in November last year.

Read the blog post by Dropbox here: https://blog.dropbox.com/topics/company/dropbox-is-acquiring-hellosign-to-improve-document-workflows-for

Read the blog post by Joseph Walla, HelloSign CEO, on the acquisition, here: https://www.hellosign.com/blog/a-letter-from-our-ceo-were-joining-dropbox

[Image courtesy: HelloSign]