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Box, Inc. (BOX) Acquires IT Security Startup, Airpost

February 20, 2015 2:49 PM EST

Box, Inc. (NYSE: BOX) is said to have acquired IT security startup, Airpost.

TechCrunch noted Friday that Airpost helps IT managers monitor their employees’ cloud applications.

Airpost CEO Navid Nathoo commented on the company's website:

By joining the Box team, we have the opportunity to provide security and enablement on an even larger, global scale. Box is at the forefront of secure content collaboration in the enterprise, and we share a common vision for bringing user-driven products that increase productivity securely to the enterprise. We are excited to bring our experiences from Airpost to Box and continue to build world-class products so organizations all over the world can feel secure that their content is safe in the cloud, and that their employees will be more productive than ever before.

I also admire Aaron Levie and his story with Box. He has been a prominent role model for me throughout the development of Airpost. My team and I are thrilled to work along side Aaron and execute on a common vision for the future of enterprise cloud.

Airpost will shutter its operations on March 1, 2015.

Shares of Box are down 1 percent.



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