Dropbox Acquires CloudOn to Strengthen Mobile Collaboration

Dropbox continues to build its business away from sync-and-share cloud storage with the overnight acquisition of CloudOn, an Israeli startup that offers a "simple and beautiful" mobile document creation and editing tool, to quote Dropbox's marketing spin. 
"We’re thrilled to continue building things that help people work better – and we’re proud and excited to join the Dropbox team to help people be more productive every day," wrote the CloudOn team in an annunciatory blog post. 
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