Box acquires Folders, in what sounds like the least exciting acquisition deal ever
File-sharing service Box has acquired the technology behind a French app called Folders, which was never released, but is also centered on browsing and sharing files on the iPhone. Terms of the acquisition weren't revealed, but Box said that Folders would be a big influence on the next few iterations of the file-sharing software. The company also noted that its iPhone and iPad apps will be "cleaner, faster and more beautiful throughout 2013."
Folders was originally designed as a viewer for Box with an impressive user interface and file-viewing features, but now will be "folded" into future versions of the app itself. Box boasts more than 15 million users at 150,000 businesses, and those numbers are growing all the time. If the folks at Box can find a way to team up with Staples and the Paper app, they could have a whole office!
