# Dropbox acquires Tigris Data for $350M to bolster its AI infrastructure

- Source: TechCrunch · AI
- Published: 2026-11-05T15:19:05.000Z
- Bad Influence: https://badinfluence.news/items/eayhg19qw1759ja4wseprm3pm
- Original: https://techcrunch.com/2026/11/05/dropbox-acquires-tigris-data-for-350m-to-bolster-its-ai-iinfrastructure/

## Summary

Dropbox says it will acquire cloud storage company Tigris Data for $350 million, which it calls its largest acquisition to date. The deal is expected to close in the fourth quarter of 2026 and will support DBX Agent Cloud, a storage platform for businesses and developers building AI models and agents. Dropbox also says it has no plans to reduce headcount as part of the acquisition.