It also swiped up Hackpad: a collaborative document service a la Google Drive via the web or its iOS app. Details are pretty scarce, but it seems Dropbox is interested in peppering in collaboration tools to its existing offerings. This productivity addition comes just over a week after Dropbox released the popular Mailbox app that it nabbed up last year for desktop and Android. While we'll have to take a wait-and-see approach for now, it certainly looks like the company is diving head-first into productivity software that allows users to easily create as well as share, organize and store.

Loom will continue to operate until May 16th, and existing users will be given options to migrate over to Dropbox with similar storage rates and incentives for switching over to Carousel. Hackpad, on the other hand, will continue to support it's offering.

Frank Spinillo contributed to this report.