Box and IBM Expand Strategic

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Box and IBM Expand Strategic Partnership

Category:
General Releases
Friday, December 18, 2015 5:00 am PST
Dateline:
REDWOOD CITY, Calif.
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Public Company Information:
NYSE:BOX

"We are thrilled to extend our partnership with IBM, further expanding our product capabilities and creating new go-to-market channels."


REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. [NYSE:BOX] today announced a new agreement to expand its strategic partnership with IBM. Driven by strong customer demand for Box and IBM’s joint solutions, the two companies have agreed to stronger go-to-market and sales commitments. With a new term that has the potential to last for a decade or more, the partnership underscores the companies’ long-term commitment to delivering modern enterprise content management and collaboration solutions.

“IBM and Box are committed to delivering world-class solutions that transform how businesses work,” said Aaron Levie, co-founder and CEO of Box. “We are thrilled to extend our partnership with IBM, further expanding our product capabilities and creating new go-to-market channels.”

Additionally, the companies announced today the general availability of two new product integrations for IBM Case Manager and IBM Datacap. The availability of these new solutions complements the previously announced product integrations with IBM Content Navigator and IBM StoredIQ.

About Box

Founded in 2005, Box [NYSE:BOX] is transforming the way people and organizations work so they can achieve their greatest ambitions. As the leading enterprise software platform for content collaboration, Box helps businesses of all sizes in every industry securely access and manage their critical information in the cloud. Box is headquartered in Redwood City, CA, with offices across the United States, Europe and Asia. To learn more about Box, visit www.box.com.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding growing customer demand for, and future sales of, Box’s and IBM’s services and solutions, the integration of Box’s and IBM’s technologies, solutions and services, the duration of Box’s partnership with IBM, and the benefits that are expected to result to Box, IBM, their customers and other stakeholders from the partnership between Box and IBM. Statements including words such as "anticipate", "believe", "estimate", "expect", “future” or “will” and statements in the future tense are forward-looking statements. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions, which, if they do not fully materialize or prove incorrect, could cause the results of the partnership between Box and IBM to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, risks associated with changes in product plans or roadmaps; product development or integration delays; market acceptance of, and customer demand for, the companies' products and services; and changes in the relationship between Box and IBM due to the business environment, competitive factors or other factors. Further information on these and other factors that could affect the partnership between Box and IBM or the financial results derived therefrom, can be found in the documents that Box files with or furnishes to the Securities and Exchange Commission, including the most recent Forms 10-K and 10-Q filed by Box. All forward-looking statements in this press release are based on information available to Box as of the date hereof. Box assumes no obligation, nor does it intend, to update these forward-looking statements to reflect events that occur or circumstances that arise after the date on which this press release was first issued.



Contact:
Box
Media:
Michael Moeschler, +1 650-543-6926
press@box.com
Investors:
Alice Kousoum Lopatto, +1 650-209-3467
ir@box.com

Box Inc. (BOX) Stock Research Links

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