Electronic signatures are becoming increasingly important in digital transactions and the digital transformation of businesses. HelloSign is a digital document signing platform and one of the main competitors of Docusign, Signow and Rightsignature. The business relation between Dropbox and HelloSign started in November 2018 with the affiliation of HelloSign in the partner application program "Dropbox extensions". This integration allows the company to activate the electronic signature functions directly from the Dropbox interface.
By announcing on January 28, 2019 the intention to acquire the company, Dropbox reinforces its offer in terms of digital document management. Dropbox is now able to manageme the entire dematerialized document process. This strategy should allow Dropbox to better address the business market in document management and offer more content management services.HelloSign specializes in "smart business", which consists of offering companies simple tools, easily integrated into applications to facilitate the most common tasks in business administration. These features are in great demand in the areas of real estate (RE) and insurance; two environments in which administrative documents, contracts, general conditions of sale and related documents are numerous. The e-signature makes it possible to produce an automatic document production and to optimize the information processing time with, in the best of cases: a single entry of the key information (last name, first name, address, ..) and only one signature from each of the parties involved.
Dropbax is a San Francisco-based company founded in 2007 that aims to provide a secure service for sharing, document storage and data in general. The application also allows collaboration on documents. During its existence, the company raised $ 756 million and is listed on the Nasdaq under the acronym DBX.