Box dutch 55m box signsawersventurebeat
Cloud content management platform, Box, recently announced its acquisition of Dutch company SignRequest for $55 million. The acquisition will enable Box to expand its product offerings to include electronic signatures, streamlining atozmp3 document workflows for its customers.
SignRequest is a leading electronic signature and digital signature service provider, offering a simple and secure way to sign and manage documents online. The platform is user-friendly and accessible from any device, making it an ideal solution for businesses of all sizes.
With the acquisition, Box will be able to toonily integrate SignRequest’s electronic signature capabilities into its existing platform, allowing customers to complete document workflows entirely online. This will enable Box users to collaborate on and sign documents more efficiently, eliminating the need for printing, signing, and scanning physical documents.
According to Aaron Levie, CEO of Box, “The acquisition of SignRequest is a natural next step for Box as we continue to build out the content management platform that powers the way people work. Electronic signatures are an essential part of digital workflows, and with SignRequest, we can make this process seamless and secure for our customers.”
The acquisition is expected to masstamilanfree strengthen Box’s position in the cloud content management market by offering an end-to-end solution for document workflows. It will also enable Box to compete more effectively with other cloud content management providers that already offer electronic signature capabilities.
One of the key benefits of the acquisition is the ability to offer customers a more streamlined and efficient document workflow solution. With SignRequest’s electronic signature capabilities integrated into the Box platform, customers will be able to complete document workflows entirely online, reducing the time and costs associated with manual document processing.
Another advantage of the acquisition is the enhanced security and compliance features that SignRequest brings to the table. The platform offers secure, legally binding electronic signatures that meet the requirements of various regulations, including eIDAS in Europe and ESIGN and UETA in the United States. This will enable Box customers to comply with various regulatory requirements, ensuring their documents remain secure and legally binding.
The acquisition also comes at a time when masstamilan remote work is becoming more prevalent, making electronic signatures an essential tool for businesses. With many employees working from home, traditional paper-based document workflows are no longer practical, making electronic signatures an ideal solution for businesses looking to streamline their document workflows.
According to Mark van der Linden, CEO of SignRequest, “We are excited to join Box and help bring our electronic signature capabilities to their customers. With remote work becoming more prevalent, electronic signatures have become essential for businesses of all sizes, and we are thrilled to be part of Box’s mission to make work more efficient and secure.”
In conclusion, Box’s acquisition of SignRequest is a significant move that will enable the company to expand its product offerings and compete more effectively in the cloud content management market. With electronic signatures becoming an essential tool for businesses of all sizes, the acquisition is well-timed, enabling Box to offer its customers a more streamlined and efficient document workflow solution.
The acquisition will also enhance Box’s security and compliance capabilities, ensuring its customers remain compliant with various regulatory requirements. With remote work becoming more prevalent, electronic signatures are likely to become even more critical for businesses, making the acquisition a forward-thinking move by Box.
Overall, the acquisition of SignRequest is a promising justprintcard development for Box and its customers, and is expected to provide significant benefits to both parties. As the cloud content management market continues to grow and evolve, solutions such as Box and SignRequest will become increasingly important for businesses looking to streamline their document workflows and remain competitive in an increasingly digital world.