positiveSYS.SOURCE: TechCrunch• 2026-11-05T15:19:05Z

Dropbox Acquires Tigris Data for $350M to Enhance AI Infrastructure Capabilities

#ai #cloud storage #enterprise #mergers and acquisitions

Dropbox has acquired Tigris Data for $350 million to enhance its AI infrastructure, marking its largest acquisition to date. The deal aims to strengthen DBX Agent Cloud, a storage platform for AI model development, and integrates Tigris's cloud storage technology to improve data access efficiency.

The deal is expected to support the development of DBX Agent Cloud, a new storage platform aimed at developers building AI models and agents.

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