Box: Private Equity firm Starboard Value takes more control

Box CEO Aaron Levie

Most users of cloud content management software provider Box love the product. Still, investors seem to be consistently disappointed. Starboard Value, an activist private equity firm, sees opportunity in the disparity, calling the company’s shares undervalued. Last year they bought up 7.6 percent of Box’s stock. That’s enough to have an influence over how CEO Aaron Levie runs the company.