Document Management M&A: Dropbox Acquires FormSwift

“At Dropbox, we’re building tools to help our customers succeed in today’s virtual-first world by modernizing manual workflows and digitizing tasks. As part of this, we’re focused on building an end-to-end agreement workflow experience, most recently with simple, secure tools like Dropbox Sign, Dropbox Forms, and DocSend. With a similar customer base of small businesses and freelancers, and a library of commonly used forms and agreement templates, we firmly believe that FormSwift is a strong addition to our document workflows product suite, and will help us bring even more value to our customers.”

“Over the last decade, FormSwift has become a leading provider of tools to help people easily create, edit, sign, and collaborate on documents and workflows in the cloud, eliminating unnecessary printing, faxing, and snail mail. However, many people 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 waysstreamline their workflows and improve efficiency. By joining forces with Dropbox, we can better scale our capabilities to make work easier for a larger number of small businesses and freelance customers.”