In its first financial results statement since going public (excluding its SEC filings) cloud storage and collaboration incumbent Box announced fourth quarter 2015 revenues of $62.6m, a 38.8 per cent increase year on year.
Cloud storage provider Dropbox is doubling down on the enterprise, hiring experts in traditional small and medium size IT channel and direct sales and product design to help gain traction with businesses.
Box has acquired Verold, a Toronto-based 3D modelling and WebGL specialist, in a bid to bolster its appeal to retail manufacturers, engineering and construction firms.
Google is adding low-cost backup-centric cloud storage to its portfolio of Google Cloud offerings as it moves to bolster partnerships with NetApp, Veritas among other backup providers.
The North American division of energy drink giant Red Bull has rolled out Egnyte’s hybrid cloud file sharing and collaboration service, replacing its cloud-based incumbent solution Box.
Barely a week after the company’s last acquisition Box announced it has purchased Subspace, a mobile security and browser containerisation startup based in Berkeley, California.
Santander said it will leverage its position as a “trusted” provider as it reveals plans to offer cloud-based storage services to corporate clients.
UK-based pharmaceuticals giant AstraZeneca said it plans to deploy Box for content collaboration and sharing among its global workforce. David Smoley, chief information officer at AstraZeneca said the company wants to improve how employees collaborate with one another and external parties.
Bowmer and Kirkland, which employs over 1,300 professionals throughout North America, Europe, the Middle East and Africa, has deployed Egnyte across the company’s 26 subsidiaries in a bid to reduce printing costs and enforce stricter version control on some of the files and documents needed to support various projects.
Microsoft has acquired Acompli, a mobile email application provider for iOS and Android devices. The company hasn’t disclosed the final sale price but numerous reports suggest Acompli fetched north of $200m.