Dropbox Talking to Banks About IPO Later This Year

Dropbox has been holding meetings with banks about an initial public offering, possibly in the second half of this year, according to sources briefed on the talks.

The market has been waiting for its next hot tech IPOs, and they now look likely to come from Dropbox and Box, two rivals in online file storage. Dropbox could be the first to go public since it’s already meeting with bankers to assess their views, after which Dropbox will choose the banks to run its IPO. Box has said it’s more likely to go public in 2014.

But with investors more weary since the botched Facebook IPO, will the cloud storage companies be worth the hype?

Dropbox, which is estimated to valued…
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