Dropbox Adds CloudOn to Its Portfolio: Here's What MSPs Need to Know

Dropbox has added CloudOn, a Mountain View, California-based company that is best known for its Microsoft (MSFT) document editor app, to its portfolio. Terms of the transaction were not disclosed.

Ilya Fushman, Dropbox’s head of product, business and mobile, told The Wall Street Journal that CloudOn’s service will be shut down on March 15 and its engineering hub in Herzliya, Israel will become a base for Dropbox’s “aggressive hiring” in the region.

CloudOn’s employees also will join Dropbox and focus exclusively on Dropbox products, Fushman said.

The CloudOn team commented on the acquisition in a blog post: “We’re taking the next step toward our vision of reimagining docs – by joining the Dropbox team. Our companies share similar values, are committed to helping people work better and together we can make an even greater impact.”

More than 9 million users currently leverage CloudOn, and it is a top 10 productivity app in 120 countries.

In addition to the CloudOn acquisition, Dropbox last week rolled out its official app for Windows 8.1 tablets and Windows Phone handsets and opened a London office.

At least 100,000 companies today are using Dropbox for Business, up from 80,000 last July, and the file hosting service is continuing to explore ways to extend its global reach.

“We believe the opportunity we’re going after is all 3 billion connected people on the planet. We believe all of them are going to migrate to a cloud-based platform in the next five to 10 years. It’s a pretty big opportunity, and an important one,” Dennis Woodside, Dropbox’s chief operating officer, told The Guardian.

The Dropbox Partner Network‘s channel partner program for IT solution providers enables managed service providers (MSPs) to offer Dropbox for Business to their customers too.

Full details about this program are available here.

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