Mobile Productivity on the Go; CloudOn Acquired by Dropbox
Mobile productivity startup CloudOn, best known for apps that allows its users to create and edit Microsoft office files on both desktop and smartphones (tablets too), has been acquired by Dropbox.
CloudOn, which counts some 9 million members, will be shutting down its service on March 15, 2014 and will cease accepting new users immediately.
The application's rise in global popularity has been impressive and it has consistently been one of the most popular productivity solutions the past few years. With more than 90 million documents edited, created or shared from CloudOn in a span of just five years, the system will likely bring a great deal of additional value to heavy users of Dropbox.
Dropbox currently touts some 300 million users and has acquired numerous companies over the years to grow its team and expertise including solutions such as Mailbox, Audiogalaxy, PiCloud,Loom, Hackpad, and Snapjoy. The CloudOn acquisition continues that tradition.