Wednesday, June 08, 2016

Dropbox and HP Enterprise partnership - Business Insider

Also see HP Enterprise, Dropbox Team Up to Help Each Other Expand (WSJ)

"Neither side disclosed the financial details of the partnership, but the companies did say that Dropbox "drove a hard bargain" to lower the cost, according to The Wall Street Journal. By going in-house, Dropbox should also be able to save on infrastructure costs, especially given the massive amount of data it handles on a day-to-day basis.

But it also remains to be seen how this deal helps both companies prove critics wrong. There's been a number of question marks around Dropbox's growth lately, with some hedge funds significantly marking down its value. HP, on the other hand, has struggled to grow its revenue over the past few years, causing the company to spin off its enterprise unit last year."
Dropbox and HP Enterprise partnership - Business Insider
Post a Comment