TeamViewer announces £565mln acquisition of British group 1E
Portfolio Pulse from
TeamViewer, a Germany-based digital workspace solutions provider, has announced the acquisition of British technology group 1E for £565 million. The deal, expected to close in early 2025, aims to enhance TeamViewer's offerings by integrating 1E's Digital Employee Experience platform.
December 10, 2024 | 9:30 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
TeamViewer is acquiring British group 1E for £565 million to enhance its digital workspace solutions with 1E's Digital Employee Experience platform. The deal is expected to close in early 2025.
The acquisition of 1E is a strategic move for TeamViewer to enhance its product offerings by integrating 1E's DEX platform. This could potentially increase TeamViewer's market share and revenue, positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100