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Dropbox Moved Most User Data Off Amazon S3, Now Agrees to Buy Storage Startup Tigris for $350M

· techtimes.com · popularity 17/100 · 0 similar stories today · Cloud, DevOps & Infrastructure (Technology & Consumer Electronics)

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Summary

Dropbox Tigris acquisition: Dropbox signed a deal on Nov. 3 to pay about $350 million in cash for Tigris Data, a startup selling S3-compatible object storage with no egress fees. Dropbox moved most user data off Amazon S3 starting in 2015, and the deal, expected to close in the fourth quarter of 2026, will back its DBX Agent Cloud developer product.

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