DBX news

Latest 4 stories · newest Nov 5, 2026

DBX
Dropbox to acquire Tigris Data to enhance AI infrastructure

Dropbox announced plans to acquire Tigris Data and unveiled DBX Agent Cloud, marking a shift into AI infrastructure. The AI capabilities are already deployed to over 70,000 teams.

DBX
Dropbox secures $1B revolving credit facility led by JPMorgan Chase

Dropbox, Inc. entered into a revolving credit and guaranty agreement dated June 1, 2026, with JPMorgan Chase Bank as administrative agent and a syndicate of major lenders. The facility provides liquidity support for general corporate purposes and demonstrates confidence in the company's financial po…

DBX
Dropbox amends articles of incorporation authorizing three classes of common stock

Dropbox, Inc. filed amended and restated articles of incorporation establishing a three-tier common stock structure with Class A, B, and C shares featuring different voting rights. The restructuring provides flexibility for future capital transactions and acquisition scenarios while maintaining foun…

DBX
Dropbox names Ashraf Alkarmi as co-CEO; Drew Houston becomes executive chairman

Dropbox announced the promotion of Ashraf Alkarmi to co-CEO alongside founder Drew Houston, with Alkarmi becoming sole CEO after a transition period. The leadership change reflects the company's strengthened business position and positions the organization for its next growth phase.

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