Dropbox reported its third quarter on November 5 and announced, in the same breath, that it's buying Tigris Data for about $350 million in cash. It's the company's largest acquisition so far. Read together, the two announcements say Dropbox has stopped waiting for its file-sharing business to grow again and is trying to buy its way into a second one. The quarter Revenue was … [Read more...] about Dropbox (DBX) Pays 350 Million Dollars for Tigris Data to Sell AI Storage as Its Core Business Stays Flat at 2.56 Billion Dollars ARR
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