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Dropbox to Pay $165M for Secure-Signing Provider Docsend

Dropbox  ( DBX) - Get Report shares rose after the file-management major said it would purchase secure-document-sharing provider Docsend for $165 million cash. At last check Dropbox shares were trading almost 4% higher at $24.70. Both San Francisco-based companies, Dropbox and Docsend also have complementary functions. Dropbox has a cloud-storage focus and Docsend serves as a method of securely sharing documents between users. Docsend will join the family of Dropbox productivity brands, whi...
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