Dropbox Acquires Mailbox, Will Accelerate Rollout

Popular email management app Mailbox has been acquired by file-sharing and storage service Dropbox.

Terms weren't disclosed, but the company plans to keep Mailbox as a standalone app, though the companies plan to extend both their platforms going forward, reports The Wall Street Journal.

"We felt we could help Mailbox reach a much different audience much faster," said Dropbox CEO Drew Houston, who said both companies shared the goal of making people's lives easier.

He said Dropbox will keep the Mailbox service running as a stand-alone app, and over time Dropbox will also use Mailbox's technology to enhance Dropbox features, like email attachments. The deal came together, he said, after the companies started talking about email attachments a few months ago.

The thirteen Mailbox employees will join Dropbox, but continue working on the Mailbox app. Mailbox is now delivering 60 million messages per day and has taken 1.3 million reservations for its free service.