Dropbox splashes $230 million on e-signature startup HelloSign

Cloud storage firm Dropbox has announced that it is to acquire HelloSign -- a San Francisco-based startup that provides electronic signature and document workflow services -- for $230 million in cash. The acquisition is the largest ever made by Dropbox, and it is expected to be completed in the first quarter of the year. The purchase bolsters Dropbox's offerings and gives it a firm footing to better compete with the likes of DocuSign. In addition to its e-signature services, HelloSign also offers online faxing and various document workflow tools. Dropbox has previously shown interest in HelloSign, and an extension was… [Continue Reading]