DropBox acquires Cloudon – An Israel based Document Editing Service

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Dropbox has acquired CloudOn, a startup based in Israel that offers a service for creating and editing documents on mobile devices.

CloudOn rose to prominence three years ago when it launched an iPad app that used the mobile device as an interface for a full cloud-based app located on their servers, allowing users to run an instance of Microsoft Office on their iPads. CloudOn’s services have evolved over time, but the company has continued to focus on Office document editing and creation, making a partnership with Dropbox a natural fit.

“Our companies share similar values, are committed to helping people work better, and together we can make an even greater impact,” reads a message from CloudOn’s founders, posted to the company’s website.

Armed with a war chest of hundreds of millions of dollars in cash, Dropbox has purchased more than a dozen startups, with a focus on adding small teams of top engineers. CloudOn is the largest number of employees Dropbox has added through an acquisition.

The storage provider’s previous acquisitions include mobile mail app Mailbox and messaging startup Droptalk.

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