{"id":36396,"date":"2011-10-19T09:34:09","date_gmt":"2011-10-19T07:34:09","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=36396"},"modified":"2011-10-19T09:36:01","modified_gmt":"2011-10-19T07:36:01","slug":"dropbox-turn-down-apple-buyout-offer","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/36396-dropbox-turn-down-apple-buyout-offer.html","title":{"rendered":"Dropbox turn down Apple buyout offer"},"content":{"rendered":"<p>According to a report by <em>Forbes<\/em>, the founders of file sharing service <a title=\"Dropbox\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/374040-Dropbox\">Dropbox<\/a> turned down a 9 figure acquisition offer from <a title=\"Apple\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/342717-Apple-inc\">Apple<\/a> in 2009, with rumours suggesting the offer was as high as $800 million (R6.39 billion).<\/p>\n<p>Drew Houston and Arash Ferdowsi apparently met with <a title=\"Steve Jobs\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/340669-Steve-Jobs\">Steve Jobs<\/a> in Cupertino in 2009, who reportedly offered to acquire the company noting that it was, \u201ca feature, not a product.\u201d<\/p>\n<p>The deal falling through, Apple went on to develop their own file sharing service called iCloud, which provided similar features to Dropbox, along with contact syncing, calendar entries and media control across iOS devices.<\/p>\n<p>In the meantime, Dropbox is currently engaged with deals from the likes of <a title=\"HTC corp\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/340335-HTC-Corp.\">HTC corp<\/a>, which would see the company provide file sharing facilities on all future HTC smartphones.<\/p>\n<p>Read the full story over at: <a title=\"Boy Genius Report news site\" href=\"http:\/\/www.bgr.com\/2011\/10\/18\/dropbox-turned-down-9-figure-buyout-offer-from-apple\/\" target=\"_blank\">Boy Genius Report<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple\u2019s multimillion dollar acquisition offer was turned down by Dropbox founders<\/p>\n","protected":false},"author":56,"featured_media":25457,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[605,5830,5828,609],"class_list":["post-36396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-apple","tag-arash-ferdowsi","tag-drew-houston","tag-steve-jobs"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/36396"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=36396"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/36396\/revisions"}],"predecessor-version":[{"id":36398,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/36396\/revisions\/36398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/25457"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=36396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=36396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=36396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}