TeamViewer buys 1E for $720M to boost its IT management tools and expand in North America.
TeamViewer, a remote-working software company, is acquiring 1E, a software firm that provides real-time IT diagnosis and automation, for $720 million from Carlyle Group. This move aims to enhance TeamViewer's offerings in IT management and support, particularly in the North American market. The acquisition, expected to finalize in early 2025, will integrate 1E's automated remediation tools with TeamViewer’s remote access solutions, potentially boosting its revenue streams and market presence.
4 months ago
14 Articles
Articles
Further Reading
You have 12 free stories remaining this month. Subscribe anytime for unlimited access.