Dropbox acquires Loom and Hackpad

Dropbox has announced two separate acquisitions over the last week which include Loom, a cloud based photo storage service provider and Hackpad, an online document collaboration firm.

The cloud storage company is having a busy month as it made a few major announcements such as the launch of its Mailbox application for Android devices, Carousel, photo sharing application for iOS and Android, and the management shakeup including the appointment of Condollezza Rice to the company's board.

Now, Dropbox has announced that it has acquired Loom which is a popular application on iOS devices for photo sharing and will be integrating their technology in Dropbox's own Carousel app while discontinuing Loom's own set of services by May 16, 2014 which is exactly one month from the date of the acquisition. Loom will no longer be taking new registrations and existing users will be transitioned to Dropbox Carousel. Users who do not wish to continue with Dropbox can download their Loom data in a packaged zip format.

The other acquisition by Dropbox was of Hackpad, which is a Y Combinator backed online collaboration tool, mainly used for taking notes and sharing. Hackpad announced that the company's services will continue the same way as before for existing customers as well as new customers.

Source: TechCrunch | Image via Techgig

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13 Comments

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Never had any stability issues. Has always been there when I needed it without fail.
As for document creation.... that might be something I look into in the future.
However, as just a bucket dump for me to save files to that I can retrieve, edit and save back again on my many devices, as well as sharing files with others, I've yet to find something better.
Very happy with Dropbox here, and look forward to better things from them.

dropbox is loosing ground to google drive and MS one drive. these two are much more stable and has better options for document creation, editing and collaboration. never been a fan of dropbox.

Did all of you that ditched it because of CR remember to close the door on your way out?
Don't want the cold getting in for us that choose to stay because it's a good product that keeps getting better.

surreyguy said,
Did all of you that ditched it because of CR remember to close the door on your way out?
Don't want the cold getting in for us that choose to stay because it's a good product that keeps getting better.

Considering CR, is DropBox a good service?. I use it but right now, i am not pretty sure.

For practicality reasons, or worried that a board member is going to turf through all your data and expose all your secrets to the world.
If the latter, may I suggest an alternative to cloud storage altogether, because frankly, none of the providers are 100% safe.
I couldn't care less if Walter White, Gary Glitter, or Saddam Hussein or whoever was on the board. As long as the product was functional, works a treat, has great uptime, they can employ whoever they like. I keep files on there that are of interest to me. It's not as if I've got a bomb plot against another country on there.