Dropbox acquires the cloud-based Boxcryptor service

End-to-end, zero-knowledge encryption cloud service company Boxcryptor has been acquired by Dropbox.

End-to-end, zero-knowledge encryption offered by the service will be integrated into Dropbox's cloud storage offering natively. Boxcryptor may scale up their security technology by using the worldwide Dropbox platform. Customers will be able to "secure their most sensitive information and better satisfy their developing demands" as a result of the purchase for both organizations.

Existing Boxcryptor customers will still get services regardless of the sale, but new account setup and license purchases are no longer possible. For the time being, the service may be utilized as usual, and Boxcryptor will directly inform customers of any future changes as the purchase process develops. No client data will cross over into Dropbox's servers; everything will stay in Boxcryptor's German data center.

As of the publication of this essay, no timeline for Boxcryptor's incorporation into Dropbox's corporate structure had been provided.

Further coverage:
Boxcryptor blogg
Hacks Tech News