TeamViewer Expands Its Reach with 1E Acquisition

In a strategic move to bolster its position in the digital workplace market, German software giant TeamViewer has announced the acquisition of IT firm 1E for a staggering $720 million.

This significant deal aims to integrate TeamViewer's renowned remote access and support capabilities with 1E's autonomous IT platform. The synergy is expected to provide enhanced benefits for customers, enabling them to preemptively address IT issues and improve overall efficiency through remote expert assistance.

1E's Digital Experience Platform is a standout feature of this acquisition. With approximately 300 employees, 1E offers real-time visibility into enterprise IT environments, swiftly identifying and automating remediation of issues directly at the endpoint.