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Home > Software > Dropbox to acquire Boxcryptor assets

Dropbox to acquire Boxcryptor assets

Dropbox announced that the company is acquiring Boxcrpyot assets to bring end-to-end encryption to its business customers.


Erdem Yasar Erdem Yasar
December 1, 2022
2 min read
Dropbox to acquire Boxcryptor assets
  • Dropbox is acquiring Boxcryptor’s IP technology to bring end-to-end, zero-knowledge encryption to its millions business of customers.
  • Boxcryptor’s existing users will remain with the same company and all the user data will remain in the company’s German data centers.
  • Dropbox plans to embed Boxcryptor’s capabilities natively within Dropbox for its business users on our paid plans to add an extra layer of security.

Dropbox has signed an agreement with Boxcryptor, an end-to-end “zero-knowledge” encryption for cloud storage services provider, to acquire several of its key assets. Dropbox aims to combine its easy-to-use solution and Boxcryptor’s encryption capabilities to be able to meet the customers’ evolving needs.

End-to-end encryption

Boxcryptor’s capabilities will be embedded natively within Dropbox’s paid plans to add an extra layer of security by encrypting files locally before syncing to Dropbox for business users. Dropbox said,

« As we work towards our vision of creating one organized place for our customers’ cloud content and the workflows around it, we firmly believe that it’s critical that we invest in tools to ensure customers can protect their content however they choose. We look forward to being able to offer end-to-end zero-knowledge encryption so that our customers can focus on working and collaborating on Dropbox knowing their content is even more safe and secure. »

Boxcryptor also made an announcement about the acquisition. Boxcryptor said Dropbox is acquiring the company’s IP technology and the company will focus on embedding it natively into the Dropbox product, bringing end-to-end, zero-knowledge encryption to paid customers.

Boxcryptor also said that all of its existing users and customers will remain with the German Secomba GmbH with the same shareholders as during the past 10 years and no data will be migrated to Dropbox. The data will remain in its German data centers. The company will also continue to service its current users and customers pursuant to their existing contracts. However, with the acquisition, the company will not allow the creation of new accounts or purchases of any new licenses. Boxcryptor said,

« We want to personally thank everyone who has supported us through the years, most notably our team who was with us along our journey. A lot of them for many, many years, and each and every one of them has done their part to make Boxcryptor a success. Special thanks also to our investors Jan, Markus und Gert from Agile Partners GmbH who believed and trusted in us as entrepreneurs and in our vision almost since the very beginning.

Thanks to our users and customers worldwide for continuously sharing their feedback and needs with us for over a decade. Thanks for using our product, for challenging us and for helping us and our company grow. »

See more Software News


Tags: BoxcryptorDropbox
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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