OpenText Suing Box and Dropbox Buying Readmill – What Does It Mean?
The past few weeks have been abuzz with news in the cloud-based file sharing and sync marketplace. Box filed for an IPO in March, then Dropbox acquired Readmill (h/t David Hobbs), and now OpenText is seeking damages from Box for patent infringement.
This activity strengthens my belief that cloud-file sharing as a simple, stand-alone category of tools is not going to persist for long.
Post abstract cross-posted from Real Story Group.