As it heads toward an estimated US$250 million initial public offering, cloud storage and collaboration provider Box is thinking outside, well, itself.
The market for external disk storage systems has recovered from a slump, with factory revenues up 2.4 percent to US$6.9 billion in the fourth quarter of 2013, according to an IDC study.
Cloud storage vendor Box has acquired the technology behind a company called dLoop, which it will use to add more controls that give enterprises more features for protecting their content.
Box, the Silicon Valley darling that has disrupted enterprise Cloud storage and file sharing, will broaden its scope into the content-creation space with a new online note-taking application.
Though the tech IPO market has gone from a boil to a simmer, some companies in areas such as big data and cloud-related technology are plunging in.
Salesforce.com has quietly acquired a startup called EntropySoft, a maker of content management and integration software, in a move likely meant to bolster Salesforce.com's Chatterbox service.
-- Name: Dylan Smith, co-founder and CFO
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