Dropbox Pays $100 Million for Mailbox

03/15/2013 18:22

 

Earlier today, Dropbox announced that they bought Mailbox from Orchestra. The price that Dropbox paid was undisclosed, but new evaluations of Mailbox say that they could have paid around $100 million to get the app.

Drew Houston, Dropbox CEO, said that they bought the app so they would be able to reach a much different type of audience faster. Was this all an act in trying to get more advertising? Who knows, but we do know that they spend a lot of money doing so. 

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