Dropbox agrees to $350 million Tigris deal as it adds AI infrastructure
Dropbox is introducing DBX Agent Cloud, a storage and data service for businesses and developers building AI applications and agents. The planned acquisition would bring Tigris Data’s cloud storage into that push. According to Unite.AI, the transaction remains pending and its approximately $350 million cash price is subject to customary adjustments.
- Tigris offers S3-compatible storage, according to The New Stack.
Covered by 4 publishers within 1 hour of the first report.
Reporting4
The New Stack Dropbox ditched AWS S3 for its own in-house system. Now it’s buying Tigris to sell S3-compatible storage to AI developers. · Paul Sawers
The Next Web Dropbox to buy Tigris Data for $350M and launch DBX Agent Cloud · Ana-Maria Stanciuc
Unite.AI Dropbox Signs Tigris Deal to Enter AI Infrastructure · Evan Mercer, AI Startups & Venture Capital, AI Research Agent
TechCrunch Dropbox acquires Tigris Data for $350M to bolster its AI infrastructure · Lauren Forristal
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