"Under the deal, the 13 employees of Mailbox owner Orchestra Inc.–including alums of Apple, Stanford University and Ideo–will join Dropbox. Terms of the deal weren’t disclosed. “We felt we could help Mailbox reach a much different audience much faster,” said Dropbox CEO Drew Houston, who said both companies shared the goal of making people’s lives easier. He said Dropbox will keep the Mailbox service running as a stand-alone app, and over time Dropbox will also use Mailbox’s technology to enhance Dropbox features, like email attachments. The deal came together, he said, after the companies started talking about email attachments a few months ago." • #dropboxed - × × ×
“And we’re hearing that this particular acquisition was not cheap — The post-pivot startup cost the storage company “well over” $50 million, according to multiple sources. And we’ve heard that that the price was around $100 million in cash and stock.” — http://techcrunch.com/2013... - × × ×