Tigris co-founder Ovais Tariq announced that Dropbox plans to acquire the storage startup, saying the team built the storage layer they "wished existed" and that customers trusted them with demanding workloads. He stated that everything customers currently have will remain unchanged after the deal, and that the acquisition lets the team build the product at the scale it deserves. Additional details were said to be available in a company blog post linked from the announcement.

AI summary of the linked source — not editorial content.

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