---
schema_version: "secwatch.filing_event.v1"
accession: "0001467623-26-000056"
form_type: "8-K"
ticker: "DBX"
cik: "0001467623"
company_name: "DROPBOX, INC."
filed_at: "2026-11-05T14:05:06+00:00"
generated_at: "2026-11-05T14:08:08.171452+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dropbox to buy Tigris Data for ~$350M cash, launches DBX Agent Cloud AI storage

## Summary
- Definitive agreement signed Nov 3, 2026 to acquire all outstanding equity of Tigris Data Inc. for ~$350M cash, subject to customary purchase price adjustments.
- Closing expected in Q4 2026 subject to customary conditions; Tigris runs a globally distributed object storage platform built for AI workloads.
- Dropbox unveiled DBX Agent Cloud, starting with standalone S3-compatible object storage sold independently; filesystem and content-processing features planned next.
- New AI capabilities already rolled out to more than 70,000 teams; initial rollout for eligible Standard and Advanced teams in US, UK and Australia, English only, broader in 2027.
- Customers can switch supported AI models mid-session and work on Dropbox files inside ChatGPT, Claude and Muse; co-CEO Ashraf Alkarmi quoted.

## SEC filing metadata
- accession: 0001467623-26-000056
- form_type: 8-K
- ticker: DBX
- cik: 0001467623
- company_name: DROPBOX, INC.
- filed_at: 2026-11-05T14:05:06+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1467623/000146762326000056/0001467623-26-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1467623/000146762326000056/dbx-20261103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001467623-26-000056
- JSON: https://secwatch.observer/filing/0001467623-26-000056.json
- Plain text: https://secwatch.observer/filing/0001467623-26-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.