![]() For reference, reports that more than 1 million businesses around the globe use Office 365. A company of that size could even make a formidable competitor to the industry-leader Microsoft ( MSFT 0.37%). Dropbox is no stranger to cutting costs either - it recently reduced its workforce by 11%.įollowing a hypothetical merger, the combined entity would have more than 625,000 business customers, with $2.7 billion in trailing annual revenue and more than $600 million in free cash flow. While layoffs are never pretty, a leaner combined workforce would help Box achieve the kind of profitability that investors have been seeking. Given that Box currently has a market cap of around $3.8 billion, Dropbox would likely require some extra cash or stock issuance to make a deal happen.īut if an acquisition did occur, a merger would result in plenty of overlapping roles, which unfortunately for employees probably means downsizing. What would the combined company look like? Acquiring Box would allow Dropbox to expedite the sales process and gobble up more than 100,000 teams in a single gulp. ![]() It's also no secret that over the last few years, Dropbox has been trying to evolve its offerings in a way that caters to multiperson teams as opposed to individual users. Contents : 5 Cloud Slime colors, 1 plastic body, eye stickers, 4 modelling tools, detailed. Differences between their target markets, though, mean that it's not exactly an apples-to-apples comparison: Box is largely geared toward big teams, while Dropbox still has plenty of individual users. Money Box Childrens DIY Kit for fun, colorful modelling fun. With $770 million in revenue, Box generates more than $7,000 a year per customer - a far higher per-customer amount than Dropbox brings in. Material: High quality ceramalPackage Quantity: 1 x Money BoxKeywords: Money Box,Sun,Saving box,Umbrella,Saving Bank,Rain,coin bank,Snow,Coin box,Weather. While its financials don't look too promising, the company has amassed a customer base of more than 100,000 businesses. Operating cash flow has grown over the years, but that excludes stock-based compensation, which for Box consumes 20% of all revenue. Though its revenue has more than tripled since 2015, it has yet to produce an annual net profit. A quick recap on Boxīox first went public in late 2015, but since then, the stock has basically gone nowhere. The stock jumped more than 10% on this news, but the question investors seem to be asking is: Which company would buy it? While there's no evidence to claim that Dropbox ( DBX -2.28%) is a suitor here, combining the two would make sense for a few reasons. Featuring a smiley cloud and rainbow design - this cute ceramic money box is sure to brighten up any room Dimensions: Height: 7.5cm, Width: 11.5cm. ![]() Box ( BOX -1.42%), a provider of secure cloud storage and collaboration tools designed for large teams, is rumored to be exploring a sale amid pressure from large investors. ![]()
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