TEAM IM Announces Strategic Sale of Dropbox Connector Business

OAKDALE, MN – June 6, 2025 – Team Informatics, Inc. (TEAM IM), a leader in enterprise content management and digital solutions, announced today that it has completed the sale of its Dropbox Connector business and associated assets to Shake IT LLC, effective as of May 23, 2025.

This sale is part of TEAM IM’s long-term strategy to focus and invest in its core lines of business and services, ensuring continued innovation and excellence for its customers.

TEAM IM wants to state its unwavering commitment to existing Dropbox Connector customers. The company will continue to provide full support and service to all customers for the entire duration of their current agreements, ensuring a seamless and stable experience.

Shake IT LLC is a new entity led by the original architects and developers of the Dropbox Connector technology from TEAM IM. This ensures that the product’s future is in expert hands, with a deep and foundational understanding of its technology and users. TEAM IM is collaborating closely with Shake IT to ensure a smooth transition for all stakeholders.

"We are proud of the innovative technology the Dropbox Connector has become," said Doug Thompson, CEO of TEAM IM. "This strategic sale allows TEAM IM to sharpen its focus on our core services, while placing the Connector business with the ideal team to carry it forward. Our commitment to our current customers remains a top priority, and we will continue to support them fully throughout their existing contracts."

This move positions TEAM IM to further enhance its primary service offerings and continue delivering powerful solutions that meet the evolving needs of the market.