“At Dropbox, we’re building tools to help our customers succeed in today’s virtual-first world by modernizing manual workflows and digitizing tasks,” said Dropbox vice president and general manager of Document Workflows Group, Chetan Dandekar. The acquisition is expected to help companies that are still spending valuable time and money searching for and drafting business agreements and other templates necessary to complete their work, and are looking for more ways streamline their workflows and improve efficiency. The combination of Dropbox’s already robust document storage, signing and sharing capabilities with FormSwift’s extensive template library and intuitive self-serve platform, will help Dropbox make progress against its goal of building an end-to-end agreement workflow capability. With the $95 million acquisition, Dropbox plans to bring FormSwift’s vast library of templates - from employee onboarding waivers to rental agreements to NDAs - to its customers, giving them the ability to find, edit, sign and share the documents they need, all from Dropbox.
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