Dropbox to buy HelloSign for $230 mn to expand workflow business

Data sharing and storage company Dropbox is set to buy electronic signature company HelloSign for $230 million in cash to expand its workflow-related products.
Dropbox to Acquire HelloSignDropbox, which started as a free service to share and store files, has been building up its enterprise software offerings.

San Francisco-based HelloSign was founded in 2010 and has more than 80,000 customers.

Left to right, HelloSign CEO and co-founder, Joseph Walla, HelloSign CTO and co-founder, Neal O’Mara, Arash Ferdowsi, Drew Houston, and HelloSign COO, Whitney Bouck