Quick Take
Dropbox (DBX) announced it has agreed to acquire HelloSign for $230 million.
HelloSign has developed an electronic signature and document workflow platform.
With the deal, DBX is seeking to execute on its 'Dropbox flywheel' that it says create network effects bringing ever-increasing value to its customer base and prospects.
Target Company
San Francisco, California-based HelloSign was founded in 2010 to simplify the work of organizations by providing them with eSignature, document flow, and eFax solutions which enable them to automate and manage important business transactions.
Management is headed by Co-Founder and