TeamViewer, a provider of remote connectivity and digital workplace solutions, has acquired London-based Digital Employee Experience (DEX) management tools provider, 1E.
TeamViewer has signed an agreement with Carlyle Europe Technology Partners to buy 1E at an enterprise value of £566 million on a cash-free, debt-free basis.
This acquisition positions TeamViewer as a strong player in the digital workplace market by integrating its remote access and support expertise with 1E’s autonomous IT platform. The combined offering enhances customer benefits by proactively preventing IT issues and providing efficient remote expert support to resolve them.
Together with 1E, TeamViewer will deliver an industry-leading, one-stop-shop for IT operations, intelligent endpoint management, and enhanced user experience in the digital workplace.
1E’s CEO Mark Banfield will become a member of TeamViewer’s management board and act as COO for the group.
Mark said: “1E’s driving mission is to create innovative IT solutions that shape the future of work. Together with TeamViewer, we can accelerate that mission by integrating our DEX platform with world-class connectivity solutions.
As two companies with truly complementary products and technologies,
TeamViewer is the ideal partner to help us scale our offerings and
create an intelligent endpoint management leader. I’m excited to
join TeamViewer’s management board as we enter this next chapter of
our joint growth story, and I would like to thank the team at Carlyle
who have supported us on our journey so far.”
Image source: 1E
