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After IPO, Box Lands AstraZeneca Deal

Days after floating its shares in an initial public offering that raised about $175 million, cloud storage and collaboration company Box said today that it has landed a significant new customer. Box has landed a contract with pharmaceutical giant AstraZeneca which will deploy the service to 51,000 users in 100 countries, joining companies like General Electric, which has also rolled out Box company-wide. Box shares fell nearly 4 percent in the first few hours of trading this morning.

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