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Dropbox buys Tigris Data for $350 million

Published

A long corridor in a data centre with rows of server racks receding under cool blue light.
by MightyFineBros via Pixabay

Dropbox agreed to acquire Tigris Data to strengthen its AI infrastructure. The deal is expected to support DBX Agent Cloud, a new storage platform for developers who build AI models and agents.

Dropbox is the buyer and Tigris Data is the company being acquired. The price is $350 million.

The deal is expected to help develop DBX Agent Cloud. Reports describe it as a storage platform aimed at developers of AI models and agents.

Key facts

Who
Dropbox (acquirer); Tigris Data (company being acquired)
What
Dropbox is acquiring Tigris Data for $350 million. The deal is expected to support development of DBX Agent Cloud, a new storage platform for developers building AI models and agents.
When
5 November 2026
Status
Reported

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