Dropbox acquires FormSwift for €90 million
Dropbox announced the acquisition of document management software developer FormSwift.
Dropbox bought the company for $95 million (about €90 million). The acquisition was completed on December 15. FormSwift's team and technology have been part of Dropbox since then.
The storage provider pl... Read more
Box boosts compliance with Ethical Walls for Box Shield
Box launched Ethical Walls. The feature allows admins to ban file sharing among specified user groups. Ethical Walls prevents employees from violating laws when sharing sensitive information.
Box provides storage services in a secure cloud environment. Organizations use the solutions to store, e... Read more
Box introduces Canvas, Content Insights and revamped Box Notes
Box has introduced new features and tools that should improve content management and collaboration in hybrid work situations. Among others, Box Notes, the new Box Canvas and the also new Content Insights have now been presented.
In Box's view, hybrid working is the form of work we continue to wo... Read more
Box updates Slack integration to further support file sharing
Box has updated its integration with Slack. Users of Slack can now use Box as their single file storage system.
The upgrade means that Box content in Slack can now be shared with Box' security, compliance and governance standards. The update is an extension of the existing functionality in the B... Read more
Researchers Bypass MFA system Protecting Box Accounts
Varonis Threat Labs discovered a way to bypass multi-factor authentication (MFA) for Box accounts that use an SMS code for login verification.
Cybersecurity researchers this week revealed details of a bug in Box's multi-factor authentication (MFA) mechanism. Malicious actors could exploit the fa... Read more
CEO Aaron Levie of Box survives attack to remove him from the board
Box's ten-person company board will remain intact after an attempt by activist investor Starboard Value to oust Box co-founder and Chief Executive Officer Aaron Levie and two other directors on the board. The three directors easily defeated Starboard's candidates in a shareholder vote.
The vote ... Read more
Box released its earnings early to counter possible changes when the board votes
Box has been dealing with an ongoing dispute with activist investors (Starboard Value) over who gets to control the board. The argument should be resolved on September 9th when the company holds its annual shareholder meeting.
To show the shareholders that the numbers are improving under the cur... Read more
Box unveils free self-service cloud migration tool
"Box Shuttle" can help businesses with less than 10TB of data to do the migration for free on a self-service basis
Box this week free launched a suite of self-service tools for its Shuttle migration service. The new tools are making their debut on;ly four months after the company revamped its Sh... Read more
Activist investor Starboard set to provoke a battle for Box
The activist investor company has nominated four director candidates, setting the scene for a showdown.
Starboard Value LP is heating up its activism efforts at Box. The company announced this week that it has nominated four director candidates to the software company’s board of directors.
... Read more
Reports of a possible sale cause Box shares to jump
The company's stocks surged by almost 20% on speculation that a sale is looming.
Box shares rose on Monday, following a report that the company has discussed a potential deal with interested buyers. Indeed, Reuters reported this week that Box is talking with other companies as well as private eq... Read more