Business

TeamViewer Acquires 1E for $720 Million: A Strategic Move in the Digital Workplace Market

TeamViewer Expands its Footprint in the Digital Workplace Market

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

This acquisition aims to integrate TeamViewer's expertise in remote access and support with 1E's autonomous IT platform, thereby enhancing customer benefits and aiming to prevent IT issues while improving efficiency through remote expert resolution.

1E's Digital Experience Platform

With a workforce of approximately 300 employees, 1E is known for its leading Digital Experience (DEX) platform. This platform offers real-time visibility into enterprise IT environments, swiftly identifying issues and automating remediation directly at the endpoint.