Dropbox acquires FormSwift for $95M in cash

Dropbox announced it has acquired FormSwift, a cloud-based service that gives individuals and businesses a simple solution to create, complete, edit, and save critical business forms and agreements. Under the terms of the agreement, Dropbox acquired FormSwift for $95M in cash subject to customary purchase price adjustments. The acquisition closed on December 15. Dropbox plans to discuss the relevant impact of the FormSwift acquisition on Dropbox’s financial metrics during its fiscal Q4 quarterly earnings call.