Tech

Box nets $500m investment, Aaron Levie to step down as Chairman

9 days ago   |   By TechRadar

KKR's investment will enable Box to further expand its Content Cloud and grow its presence in international markets.
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Daily Crunch: KKR invests $500M into Box

Daily Crunch: KKR invests $500M into Box

10 days ago   |   By TechCrunch

Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. This is your Daily Crunch for April 8, 2021.
The big story: KKR invests $500M into Box
Private equity firm KKR is making an investment into Box that should help the cloud content management company buy back shares from activist investor Starboard Value, which might otherwise have claimed a majority of board seats and forced a sale.
After the investment, Aaron Levie will remain with Box as its CEO, but independent board member Bethany Mayer will...
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