Did Dropbox Say No to An $800 Million Apple Takeover?

Did Dropbox Say No to An $800 Million Apple Takeover?

Imagine iCloud’s ‘Documents in the Cloud’ feature fuzed with Dropbox. Or MobileMe’s iDisk only a million times faster and more reliable. That could have been one of the features launching alongside iOS 5 this fall, with reports Apple made an $800 million bid for Dropbox.

According to “second-hand sources” for Business Insider, Apple bid up to $800 million for Dropbox, but the online storage service turned down a move to Cupertino because it wanted to remain independent:

Enterprise software-as-a-service company Citrix and Apple took a long look at Dropbox’s books.

They saw that Dropbox revenues would reach $100 million this year.

Apple, we’re told, eventually offered $800 million.

Dropbox has since raised a new round of funding at a whopping $4 billion valuation.

The Dropbox service isn’t too similar to iDisk — an Apple service currently part of MobileMe. However, as a MobileMe subscriber, I can say that Apple’s service is nowhere near as quick, and nowhere near as reliable. I use Dropbox on a daily basis — after switching from iDisk — and I’ve never hit a snag with it. iDisk, on the other hand, was a different story.

The prospect of having Dropbox functionality as part of iCloud, seamlessly syncing with my Macs and iOS devices, is a very attractive one. And I for one would have been rooting for Apple to acquire Dropbox.

[via MacRumors]

  • Chris

    How does Dropbox make revenue? Is there some kind of premium account or do they have to advertise/sell data?

  • Internett

    Users can buy more storage.

  • FriarNurgle

    Their loss

  • MarkCarruthers

    I’m a huge DropBox fan myself!  2GB account is free! http://db.tt/cOniZKW 

  • dagamer34

    I’m glad they rejected. They would have taken it like they did Lala, kill it for two years, then make something that only works on Apple devices.

  • dagamer34

    Premium accounts. $99/year for 50GB of storage. That’s not a bad price when you consider what the service offers.

  • gareth edwards

    Good for them, I like Apple but (like other big companies) I feel a bit sad when cool stuff just gets swallowed up by them. I know the argument that by taking Apple’s shilling they (and their technology) would reach a massive audience almost instantly but it would stop being what they are.  Go for it DB, I’ve been using their stuff for about 2 years and it’s good, solid and reliable.

  • JeffHarris030

    Good for them, I like Apple but (like other big companies) I feel a bit sad when cool stuff just gets swallowed up by them

    I just got a $829.99 iPad2 for only $103.37 and my mom got a $1499.99 HDTV for only $251.92, they are both coming with USPS tomorrow. I would be an idiot to ever pay full retail prices at places like Walmart or Bestbuy. I sold a 37″ HDTV to my boss for $600 that I only paid $78.24 for. I use http://bit.ly/grab2028

  • Hubert Kunnemeyer

    I agree. As and indie developer I’m glad to see DB keeping themselves independent.  Good news because Apple probably just wants to kill it so people will use icloud. As far as I’m concerned Apples IOS 5’s new feature list is 90% stolen ideas from independent developer apps! Apple is not the same company they were a couple of years ago, at WWDC I sat with my mouth open, and not because of the great keynote, but because I saw the poor indie developers getting stepped on.

  • prof_peabody

    Dropbox is only faster than iDisk if someone else already has the document in the cloud in that it will serve you the other version it already has instead of waiting for you to upload your copy of the same document.  So for writers and anyone who has unique documents it’s not faster at all. 

  • EmmaMitch560161652

    I’m glad they rejected. They would have taken it like they did Lala,
    kill it for two years, then make something that only works on Apple
    devices.

    I just got a $829.99 iPad2 for only $103.37 and my mom got a $1499.99 HDTV for only $251.92, they are both coming with USPS tomorrow. I would be an idiot to ever pay full retail prices at places like Walmart or Bestbuy. I sold a 37″ HDTV to my boss for $600 that I only paid $78.24 for.
    I use BIDFiRsT. COM

  • iDaBoss

    dropbox is the best

  • David Kalashni Koff

    your comment made, literally, no sense grammatically whatsoever. if you’re actually a writer, you might want to rethink your career. or just change your name to Ronnie Run-on.

  • Siewmengtan

    It is obvious you have not experienced the difference between dropbox and iDisk.

  • jsk

    Imagine it only working with Lion.

    They’re better off without Apple and users are better off too. All of this would disappear if it were bought out by apple (from Dropbox’s web site):

    What are the system requirements to run Dropbox?The Dropbox application runs on Windows, Mac OS X, and Linux operating systems. To run the Dropbox application on your computer we recommend:At least 512MB of RAM
    Free space on your computer equal to your Dropbox storage quota.
    Windows 2003, Windows XP, Windows Vista, and Windows 7 (32 and 64-bit).
    Mac: OS X Tiger (10.4) or later.
    Ubuntu 7.10+ and Fedora Core 9+.We also offer the source code for the Nautilus installer. This way, you can compile and run the installer on many other versions of Linux too. We’ve had users report success compiling Dropbox on Debian, OpenSUSE, Arch Linux, Gentoo as well as several other distributions of Linux.Dropbox websiteYou can transfer and download files using the Dropbox website from any modern browser. The Dropbox website works best on:Internet Explorer 7+.
    Safari 3+.
    Firefox 3+.
    Opera 9+.Working with anything is kinda the whole point.

  • gareth edwards

    Yeah, it’s a difficult balancing act for any leading company to maintain. You have to ‘innovate’ to maintain momentum but it will always destroy something along the way.  What did Picasso say, “Bad artists copy. Great artists steal.”

About the author

Killian BellKillian Bell is a staff writer based in the U.K. He has an interest in all things tech and also covers Android over at CultofAndroid.com. You can follow him on Twitter via @killianbell.

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