Dropbox announced on November 5, 2026 that it had agreed to acquire Tigris Data for approximately $350 million in cash, while also introducing DBX Agent Cloud, a storage and data layer for companies and developers building AI applications and agents. The transaction remains pending. Dropbox’s current report records a definitive agreement signed on November 3, 2026 for all outstanding Tigris equity, with the cash consideration subject to customary purchase-price adjustments. Dropbox expects the…
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