Dropbox has announced plans to acquire “key assets” from Boxcryptor in a move that will boost security for business users.
The acquisition will bring zero-knowledge end-to-end encryption to users signed up for business account. It is something that Dropbox undoubtedly hopes will help increase confidence in its cloud storage service.
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Announcing its plans, Dropbox says: “We’re excited to share that we’ve signed an agreement to acquire several key assets from Boxcryptor, a provider of end-to-end “zero-knowledge” encryption for cloud storage services. The combination of Boxcryptor’s leading encryption capabilities and Dropbox’s easy-to-use product, with our already robust security features, will help us better meet our customers’ evolving needs”.
The company goes on to say:
We know security is a top priority for our customers. It’s important that we offer features that are seamlessly built into our product so customers who want or need an end-to-end solution can safeguard their confidential information without compromising their user experience. We plan to embed Boxcryptor’s capabilities natively within Dropbox for our business users on our paid plans, adding an additional layer of security by encrypting files locally on their devices prior to syncing their content to Dropbox.
Terms of the deal have not yet been revealed.
