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{{short description|German technology company}}
{{short description|German technology company}}
{{about|the international technology company|the remote access and remote control software|TeamViewer}}
{{about|the international technology company|the remote access and remote control software|TeamViewer}}
{{Advert|date=June 2021}}
{{Use mdy dates|date=February 2023}}
{{use mdy dates|date=February 2021}}
{{Infobox company
{{Infobox company
|name=TeamViewer AG
| name = TeamViewer SE
|logo=TeamViewer company logo.svg
| logo = TeamViewer_logo_new.svg
|logo_size=
| logo_size =
|image=TeamViewer AG Göppingen HQ 2021-06-02 01a.jpg
| image = TeamViewer AG Göppingen HQ 2021-06-02 01a.jpg
|image_caption=Headquarters in June 2021
| image_caption = Headquarters in June 2021
| type = [[Public company|Public]] ([[Societas Europaea]])
|type=[[Aktiengesellschaft]]
|traded_as= {{FWB|TMV}}
| traded_as = {{FWB|TMV}}
|ISIN=DE000A2YN900
| ISIN = {{ISIN|sl=n|pl=y|DE000A2YN900}}
|industry=[[Software]]
| industry = [[Software]]
|founded={{start date and age|2005}}
| founded = {{start date and age|2005}}
|founder=
| founder =
|hq_location_city=[[Göppingen]]
| hq_location_city = [[Göppingen]]
|hq_location_country=Germany
| hq_location_country = Germany
|num_locations=8
| num_locations =
|num_locations_year=2019
| num_locations_year =
|area_served=Worldwide
| area_served = Worldwide
|key_people={{unbulleted list|Oliver Steil <br><small>([[Chief Executive Officer]] and [[Chairman]] of the [[Executive Board]])</small>|Abraham Peled<br><small>(Chairman of the [[Supervisory Board]])</small>}}
| key_people = {{unbulleted list|{{ill|Oliver Steil|de}} ([[chief executive officer]] and [[chairman]] of the [[executive board]])|Ralf W. Dieter (chairman of the [[supervisory board]])}}
|products=
| products =
|services=software & computer services
| services = Software and computer services
|revenue={{increase}} [[Euro|€]]460.3 million
| revenue = {{increase}} [[Euro|€]]626.7 million
|revenue_year=2020
| revenue_year = 2023
|net_income={{increase}} €164.0 million
| net_income = {{increase}} €114 million
|net_income_year=2020
| net_income_year = 2023
|assets={{increase}} €1,063.4 million
| assets = {{decrease}} €1,111.5 million
|assets_year=2020
| assets_year = 2023
|equity={{increase}} €240.7 million
| equity = {{decrease}} €83.7 million
|equity_year=2020
| equity_year = 2023
|num_employees=1,256
| num_employees = {{increase}} 1,461
|num_employees_year=2020
| num_employees_year = 2023
|website={{URL|https://www.teamviewer.com}}
| website = {{official url}}
|footnotes=Annual Report 2020<ref name="Annual Report 2020">{{Citation|language=en|author=TeamViewer AG |url=https://ir.teamviewer.com/download/companies/teamviewer/Annual%20Reports/TeamViewerAnnualReport2020_03.pdf|title=Annual Report 2020|publisher=TeamViewer AG|date=|access-date=2021-05-27}}</ref>
| footnotes = TeamViewer [https://ir.teamviewer.com/download/companies/teamviewer/Annual%20Reports/TeamViewer_Annual_Report_2023_6.pdf Annual Report 2023]
}}
}}


'''TeamViewer AG''' is an international [[technology company]] headquartered in [[Göppingen]], Germany.<ref>{{Citation|language=en|url=https://www.bloomberg.com/profile/company/TMV:GR|title=TeamViewer AG|website=Bloomberg|access-date=2020-02-04}}</ref><ref>{{Citation|language=de|author=Nico Pointner|title=Das Einhorn von Göppingen|newspaper=Frankfurter Rundschau|date=2017-01-06|page=15}}</ref> The company became known for the [[TeamViewer (software)|TeamViewer]] [[Remote control|remote access and support]] software of the same name.<ref>{{Citation|language=de|author=Lisa Hegemann|url=https://www.zeit.de/digital/internet/2019-09/teamviewer-softwarekonzern-goeppingen-boersengang|title=Ein schwäbisches Digitalwunder|website=Zeit Online|date=2019-09-25|access-date=2020-02-04}}</ref> Today, TeamViewer AG offers its customers a global platform for connecting, monitoring, and controlling of computers, machines, and other devices.<ref>{{Citation|language=en|url=https://markets.ft.com/data/announce/detail?dockey=600-202011240900PR_NEWS_USPRX____NY01697-1|title=TeamViewer Supports Apple Silicon|website=Financial Times|date=2020-11-24|access-date=2021-02-16}}</ref><ref>{{Citation|language=de|author=Michael Kroker|url=https://www.wiwo.de/unternehmen/it/internet-der-dinge-mit-software-aus-goeppingen-wird-die-welt-gesteuert/19752778.html|title=Das Ding versteht Schwäbisch.|website=WirtschaftsWoche|date=2017-05-05|access-date=2020-02-04}}</ref> TeamViewer's software is used in companies of all sizes and from all industries, for example to digitalize processes along the industrial value chain.<ref>{{Citation|language=de|author=Susanne Preuß, Bastian Benrath|url=https://www.faz.net/aktuell/wirtschaft/digitec/was-teamviewer-hinter-den-kulissen-plant-17045954.html|title=Schwäbischer Tech-Konzern: Was TeamViewer hinter den Kulissen plant.|website=Frankfurter Allgemeine Zeitung|date=2020-11-11|access-date=2021-02-04}}</ref> The company is listed on the stock exchange and is a member of the [[MDAX]] and [[TecDAX]].<ref>{{Citation|language=de|url=https://www.boerse-frankfurt.de/index/mdax/zugehoerige-werte|title=MDAX|publisher=Börse Frankfurt|access-date=2020-02-04}}</ref><ref>{{Citation|language=de|url=https://www.boerse-frankfurt.de/index/tecdax/zugehoerige-werte|title=TecDAX|publisher=Börse Frankfurt|access-date=2020-02-04}}</ref>
'''TeamViewer SE''' is an international [[technology company]] headquartered in [[Göppingen]], Germany.<ref name="Bloomberg">{{Citation|language=en|url=https://www.bloomberg.com/profile/company/TMV:GR|title=TeamViewer AG|website=Bloomberg|access-date=April 23, 2024}}</ref><ref>{{Citation|language=de|author=Nico Pointner|title=Das Einhorn von Göppingen|newspaper=Frankfurter Rundschau|date=January 6, 2017|page=15}}</ref> The company became known for the [[TeamViewer (software)|TeamViewer]] [[Remote control|remote access and support]] software of the same name.<ref>{{Citation|language=de|author=Lisa Hegemann|url=https://www.zeit.de/digital/internet/2019-09/teamviewer-softwarekonzern-goeppingen-boersengang|title=Ein schwäbisches Digitalwunder|website=Zeit Online|date=September 25, 2019|access-date=February 4, 2020}}</ref> Within the TeamViewer software, customers can connect, monitor, and control computers, machines, and other devices.<ref>{{Citation|language=en|url=https://markets.ft.com/data/announce/detail?dockey=600-202011240900PR_NEWS_USPRX____NY01697-1|title=TeamViewer Supports Apple Silicon|website=Financial Times|date=November 24, 2020|access-date=February 16, 2021}}</ref><ref>{{Citation|language=de|author=Michael Kroker|url=https://www.wiwo.de/unternehmen/it/internet-der-dinge-mit-software-aus-goeppingen-wird-die-welt-gesteuert/19752778.html|title=Das Ding versteht Schwäbisch.|website=WirtschaftsWoche|date=May 5, 2017|access-date=February 4, 2020}}</ref> It can be used in various industries, for example, to digitalize processes along the industrial value chain.<ref>{{Citation|language=de|author=Susanne Preuß, Bastian Benrath|url=https://www.faz.net/aktuell/wirtschaft/digitec/was-teamviewer-hinter-den-kulissen-plant-17045954.html|title=Schwäbischer Tech-Konzern: Was TeamViewer hinter den Kulissen plant.|newspaper=Faz.net|date=November 11, 2020|access-date=February 4, 2021}}</ref> The company is listed on the stock exchange and is a member of [[MDAX]] and [[TecDAX]].<ref>{{Citation|language=de|url=https://www.boerse-frankfurt.de/index/mdax/zugehoerige-werte|title=MDAX|publisher=Börse Frankfurt|access-date=February 4, 2020}}</ref><ref>{{Citation|language=de|url=https://www.boerse-frankfurt.de/index/tecdax/zugehoerige-werte|title=TecDAX|publisher=Börse Frankfurt|access-date=February 4, 2020}}</ref>


==History==
==History==

===Start-up and growth phase===
===Start-up and growth phase===
The foundation of TeamViewer dates back to the release of the first [[Software versioning|version]] of TeamViewer software in 2005. To reduce travel to customers and present [[quality management]] software remotely, the founder of ''Rossmanith GmbH'' developed the TeamViewer software.<ref>{{Citation|language=de|author=Larissa Holzki, Christof Kerkmann, Effy Zhang|url=https://www.handelsblatt.com/unternehmen/management/hoffnungstraeger/serie-hoffnungstraeger-per-mausklick-in-die-firma-wie-teamviewer-chef-oliver-steil-von-der-krise-profitiert-hat/25888114.html|title=Per Mausklick in die Firma|newspaper=Handelsblatt|date=2020-06-05|access-date=2020-02-04|page=27}}</ref> The software became the [[core product]] of ''TeamViewer GmbH'', which today operates as ''TeamViewer Germany GmbH''.<ref>{{Citation|language=de|url=http://www.teamviewer.com/company/|title=About TeamViewer|publisher=Rossmanith GmbH|archive-url=https://web.archive.org/web/20050419215701/http://www.teamviewer.com/company/|archive-date=2005-04-19|access-date=2020-02-04|url-status=dead}}</ref> The company's [[business model]] allowed private users to use the software free of charge, while companies had to purchase a paid license. This model continues to date.<ref>{{Citation|language=de|author=Hannah Scherkamp|url=https://www.gruenderszene.de/allgemein/milliarden-rekord-team-viewer|title=TeamViewer: So läuft's beim schwäbischen Hidden Champion.|website=Gründerszene|date=2015-10-30|access-date=2020-02-04}}</ref>
TeamViewer was founded following the release of the first version of the TeamViewer software in 2005. The TeamViewer software was developed to reduce travelling to customers.<ref>{{Citation|language=de |last1=Holzki|first1=Larissa |last2=Kerkmann|first2=Christof |last3=Zhang|first3=Effy |url=https://www.handelsblatt.com/unternehmen/management/hoffnungstraeger/serie-hoffnungstraeger-per-mausklick-in-die-firma-wie-teamviewer-chef-oliver-steil-von-der-krise-profitiert-hat/25888114.html|title=Per Mausklick in die Firma|newspaper=Handelsblatt|date=June 5, 2020|access-date=February 4, 2020|page=27}}</ref><ref>{{Cite web |date=2017-01-05 |title=Software-Riese Teamviewer: Weltmarktführer aus der Provinz |url=https://www.stern.de/wirtschaft/news/software-riese-teamviewer--weltmarktfuehrer-aus-der-provinz-7268206.html |access-date=2024-09-09 |website=[[Stern (magazine)|Stern]] |language=de}}</ref> It became the [[core product]] of the newly founded ''TeamViewer GmbH'', which today operates as ''TeamViewer Germany GmbH a''nd belongs to TeamViewer SE.<ref>{{Citation|language=de|url=http://www.teamviewer.com/company/|title=About TeamViewer |publisher=Rossmanith GmbH |archive-url=https://web.archive.org/web/20050419215701/http://www.teamviewer.com/company/|archive-date=April 19, 2005|access-date=February 4, 2020|url-status=dead}}</ref><ref>{{Cite news |last1=Holzki |first1=Larissa |last2=Köhler |first2=Peter |last3=Landgraf |first3=Robert |date=August 23, 2019 |title=TeamViewer strebt an die Börse. |newspaper=Handelsblatt |page=21 |language=de}}</ref><ref>{{Citation |title=Unternehmensregister |url=https://www.unternehmensregister.de/ |access-date=February 4, 2020 |publisher=Bundesanzeiger Verlag |language=de}}</ref> The company's [[business model]] allowed private users to use the software free of charge, while companies had to purchase a license.<ref>{{Citation|language=de|author=Hannah Scherkamp|url=https://www.gruenderszene.de/allgemein/milliarden-rekord-team-viewer|title=TeamViewer: So läuft's beim schwäbischen Hidden Champion.|website=Gründerszene|date=October 30, 2015|access-date=February 4, 2020}}</ref>


In 2010, ''TeamViewer GmbH'' was acquired by ''GFI Software''.<ref>{{cite web|title=Permira funds to acquire leading software firm TeamViewer from GFI Software|url=http://www.permira.com/site/news/4288.pdf|url-status=dead|archive-url=https://web.archive.org/web/20140521125930/http://www.permira.com/site/news/4288.pdf|archive-date=2014-05-21|access-date=2015-07-02|publisher=Permira}}</ref> In 2014, British [[Private-equity firm|private equity firm]] [[Permira]] acquired TeamViewer and helped the company develop its international customer base and expand the scope of its products.<ref>{{Citation|language=de|author=Klaus Max Smolka|url=https://www.faz.net/aktuell/wirtschaft/netzwirtschaft/teamviewer-geht-an-permira-13027592.html|title=TeamViewer geht an Permira.|website=Frankfurter Allgemeine Zeitung|date=2014-07-04|access-date=2020-02-04}}</ref> With a purchase price of around one billion US dollars, the company was classified as a so-called "[[Unicorn (finance)|unicorn]]", the designation for an unlisted company worth at least one billion US dollars.<ref>{{Citation|language=en|url=https://www.bloomberg.com/news/articles/2017-07-18/permira-is-said-to-weigh-sale-of-software-company-teamviewer|author=Kiel Porter, Manuel Baigorri, Sarah Syed|title=Permira Weighs Sale of Software Company TeamViewer|publisher=Bloomberg|date=2017-07-18|access-date=2021-02-10}}</ref><ref>{{Citation|language=de|url=https://www.handelsblatt.com/unternehmen/it-medien/softwarefirma-teamviewer-das-einhorn-von-goeppingen/19214494.html|title=Das Einhorn von Göppingen|website=Handelsblatt|date=2017-01-07|access-date=2020-02-04}}</ref>
In 2010, TeamViewer GmbH was acquired by GFI Software.<ref>{{cite web|title=Permira funds to acquire leading software firm TeamViewer from GFI Software|url=http://www.permira.com/site/news/4288.pdf|url-status=dead|archive-url=https://web.archive.org/web/20140521125930/http://www.permira.com/site/news/4288.pdf|archive-date=May 21, 2014|access-date=July 2, 2015 |publisher=Permira}}</ref> In 2014, British [[Private-equity firm|private equity firm]] [[Permira]] acquired TeamViewer and helped the company develop an international customer base and expand the scope of its products.<ref>{{Citation|language=de|author=Klaus Max Smolka|url=https://www.faz.net/aktuell/wirtschaft/netzwirtschaft/teamviewer-geht-an-permira-13027592.html|title=TeamViewer geht an Permira.|newspaper=Faz.net|date=July 4, 2014 |access-date=February 4, 2020}}</ref> With a purchase price of around one billion US dollars, the company was classified as a so-called "[[Unicorn (finance)|unicorn]]", the designation for an unlisted company worth at least one billion US dollars.<ref>{{Citation|language=en|url=https://www.bloomberg.com/news/articles/2017-07-18/permira-is-said-to-weigh-sale-of-software-company-teamviewer |last1=Porter|first1=Kiel |last2=Baigorri|first2=Manuel |last3=Syed|first3=Sarah |title=Permira Weighs Sale of Software Company TeamViewer |publisher=Bloomberg |date=July 18, 2017 |access-date=February 10, 2021}}</ref><ref>{{Citation|language=de|url=https://www.handelsblatt.com/unternehmen/it-medien/softwarefirma-teamviewer-das-einhorn-von-goeppingen/19214494.html|title=Das Einhorn von Göppingen|website=Handelsblatt|date=January 7, 2017 |access-date=February 4, 2020}}</ref>


===Initial public offering===
===Initial public offering===
From the beginning of 2018, the company changed its business model from the previous sale of [[License|licenses]] to [[Subscription business model|subscriptions]].<ref>{{Citation|language=de|author=Robert Landgraf|url=https://www.handelsblatt.com/finanzen/maerkte/boerse-inside/reifepruefung-boersengang-so-gross-ist-der-anteil-des-firmenchefs-oliver-steil-am-erfolg-von-teamviewer/25013434.html|title=Reifeprüfung Börsengang|website=Handelsblatt|date=2019-09-13|access-date=2020-02-04}}</ref> This followed a general trend in the [[Information technology|IT industry]] and helped ''TeamViewer GmbH'' to grow further.<ref>{{Citation|language=de|author=Michael Kroker|url=https://www.wiwo.de/my/unternehmen/it/teamviewer-ceo-steil-die-dsgvo-ist-fuer-uns-ein-wettbewerbs-vorteil/23252168.html|title=TeamViewer-CEO Steil: "Die DSGVO ist für uns ein Wettbewerbsvorteil."|website=WirtschaftsWoche|date=2018-10-31|access-date=2020-02-04}}</ref><ref>{{Citation|language=de|author=Sebastian Schmid|title=TeamViewer behält Übernahmen im Blick.|newspaper=Börsen-Zeitung|date=2019-02-23|page=11}}</ref><ref>{{Citation|language=de|title="Permira steht für Wachstum."|newspaper=Börsen-Zeitung|date=2015-12-22|page=11}}</ref> In preparation for an [[Initial public offering|IPO]], a new [[corporate structure]] was created in 2019.<ref>{{Citation|language=en|publisher=Bloomberg|url=https://www.bloomberg.com/news/articles/2019-08-02/permira-backed-teamviewer-ceo-backs-possible-german-tech-ipo|title=Permira-Backed TeamViewer CEO Favors Possible German Tech IPO|author=Stefan Nicola|date=2019-08-02|access-date=2021-02-09}}</ref> The newly created TeamViewer AG became the owner of the then renamed ''TeamViewer Germany GmbH''.<ref>{{Citation|language=de|author=Larissa Holzki, Peter Köhler, Robert Landgraf|title=TeamViewer strebt an die Börse.|newspaper=Handelsblatt|date=2019-08-23|page=21}}</ref><ref>{{Citation|language=de|url=https://www.unternehmensregister.de/|title=Unternehmensregister|publisher=Bundesanzeiger Verlag|access-date=2020-02-04}}</ref>
From the beginning of 2018, the company changed its business model from the previous sale of [[license]]s to [[Subscription business model|subscriptions]].<ref>{{Citation|language=de|author=Robert Landgraf|url=https://www.handelsblatt.com/finanzen/maerkte/boerse-inside/reifepruefung-boersengang-so-gross-ist-der-anteil-des-firmenchefs-oliver-steil-am-erfolg-von-teamviewer/25013434.html|title=Reifeprüfung Börsengang|website=Handelsblatt|date=September 13, 2019|access-date=February 4, 2020}}</ref> This followed a general trend in the [[Information technology|IT industry]] and helped TeamViewer to grow further.<ref>{{Citation|language=de|author=Michael Kroker|url=https://www.wiwo.de/my/unternehmen/it/teamviewer-ceo-steil-die-dsgvo-ist-fuer-uns-ein-wettbewerbs-vorteil/23252168.html|title=TeamViewer-CEO Steil: "Die DSGVO ist für uns ein Wettbewerbsvorteil."|website=WirtschaftsWoche|date=October 31, 2018|access-date=February 4, 2020}}</ref><ref>{{Citation|language=de|author=Sebastian Schmid|title=TeamViewer behält Übernahmen im Blick.|newspaper=Börsen-Zeitung|date=February 23, 2019|page=11}}</ref><ref>{{Citation|language=de|title="Permira steht für Wachstum."|newspaper=Börsen-Zeitung|date=December 22, 2015|page=11}}</ref> In preparation for an [[Initial public offering|IPO]], a new [[corporate structure]] was created in 2019.<ref>{{Citation|language=en|publisher=Bloomberg|url=https://www.bloomberg.com/news/articles/2019-08-02/permira-backed-teamviewer-ceo-backs-possible-german-tech-ipo|title=Permira-Backed TeamViewer CEO Favors Possible German Tech IPO|author=Stefan Nicola|date=August 2, 2019|access-date=February 9, 2021}}</ref>


The initial listing on the [[Frankfurt Stock Exchange]] in September 2019 was met with strong investor interest.<ref>{{Citation|language=de|author=Heidi Rohde|title=TeamViewer stößt auf hohes Interesse.|newspaper=Börsen-Zeitung|date=2019-09-13|page=9}}</ref><ref>{{Citation|title=TeamViewer AG / Information on First Quotation|url=https://www.xetra.com/xetra-en/instruments/shares/new-issues/TeamViewer-AG-1628094|language=en|website=Xetra|publisher=Deutsche Börse|access-date=2021-02-09|date=2019-09-25}}</ref><ref>{{Citation|language=de|author=Peter Köhler, Robert Landgraf|title=Was Anleger zu Teamviewer wissen müssen.|newspaper=Handelsblatt|date=2019-09-25|page=32}}</ref> With an issue volume of 2.2 billion euros, it was the largest IPO of a German technology company since 2000 and the largest IPO in Europe in 2019.<ref>{{Citation|language=de|author=Thorsten Mumme|title=Superlative ohne Ende|newspaper=Der Tagesspiegel|date=2019-09-21|page=17}}</ref> By the end of 2019, ''TeamViewer AG's'' [[Share (finance)|shares]] had already been admitted to the [[MDAX]]<ref>{{Citation|language=de|author=Andreas Cünnen|title=Überraschender MDAX-Aufsteiger|newspaper=Handelsblatt|date=2019-12-04|page=39}}</ref> and [[TecDAX]].<ref>{{Citation|language=de|author=Andreas Cünnen|url=https://www.handelsblatt.com/finanzen/maerkte/aktien/indexwechsel-das-sind-die-neuen-aktien-im-mdax-sdax-und-tecdax/25299270.html|title=Indexwechsel: Das sind die neuen Aktien im DAX, SDAX und TecDAX.|website=Handelsblatt|date=2019-12-04|access-date=2020-02-04}}</ref> With the acquisition of ''Ubimax GmbH'', a leading manufacturer of augmented reality software for smart glasses and other [[Wearable computer|wearables]], TeamViewer expanded its [[Portfolio (finance)|portfolio]] in 2020, particularly in solutions for [[Fourth Industrial Revolution|Industry 4.0]].<ref>{{Citation|language=de|author=Christoph Kapalschinski|url=https://www.handelsblatt.com/technik/it-internet/uebernahme-teamviewer-zahlt-deutlichen-aufpreis-fuer-ubimax/26019956.html|title=TeamViewer zahlt 136 Millionen für Ubimax.|website=Handelsblatt|date=2020-07-20|access-date=2020-09-21}}</ref><ref>{{Cite news|author=Reuters Staff|date=2020-07-15|title=Teamviewer buy augmented reality firm Ubimax|language=en|work=Reuters|url=https://www.reuters.com/article/us-ubimax-m-a-teamviewer-idUSKCN24G1MF|access-date=2020-09-16}}</ref>
The company was initially listed on the [[Frankfurt Stock Exchange]] in September 2019.<ref>{{Citation|language=de|author=Heidi Rohde|title=TeamViewer stößt auf hohes Interesse.|newspaper=Börsen-Zeitung|date=September 13, 2019|page=9}}</ref><ref>{{Citation|title=TeamViewer AG / Information on First Quotation|url=https://www.xetra.com/xetra-en/instruments/shares/new-issues/TeamViewer-AG-1628094|language=en|website=Xetra|publisher=Deutsche Börse|access-date=February 9, 2021|date=September 25, 2019}}</ref><ref>{{Citation|language=de|author=Peter Köhler, Robert Landgraf|title=Was Anleger zu Teamviewer wissen müssen.|newspaper=Handelsblatt|date=September 25, 2019|page=32}}</ref> With an issue volume of €2.2 billion, it was the largest IPO of a German technology company since 2000 and the largest IPO in Europe in 2019.<ref>{{Citation|language=de |author=Thorsten Mumme |title=Superlative ohne Ende|newspaper=Der Tagesspiegel|date=September 21, 2019|page=17}}</ref> By the end of 2019, TeamViewer's [[Share (finance)|shares]] had been admitted to the [[MDAX]] and [[TecDAX]] stock indices.<ref>{{Citation |author=Andreas Cünnen |title=Überraschender MDAX-Aufsteiger |date=December 4, 2019 |newspaper=Handelsblatt |page=39 |language=de}}</ref><ref>{{Citation|language=de|author=Andreas Cünnen|url=https://www.handelsblatt.com/finanzen/maerkte/aktien/indexwechsel-das-sind-die-neuen-aktien-im-mdax-sdax-und-tecdax/25299270.html|title=Indexwechsel: Das sind die neuen Aktien im DAX, SDAX und TecDAX.|website=Handelsblatt|date=December 4, 2019|access-date=February 4, 2020}}</ref>


==Company==
==Company==
TeamViewer AG is a German [[Aktiengesellschaft|stock corporation]]. Together with its domestic and foreign subsidiaries, it forms the ''TeamViewer Group''. The most important subsidiaries include ''TeamViewer Germany GmbH'', which is responsible for the operating business.<ref name="Annual Report 2020" />
TeamViewer SE is a European [[Aktiengesellschaft|stock corporation]] ([[Societas Europaea]]). Together with its domestic and foreign subsidiaries, it forms the TeamViewer Group. The most important subsidiaries include TeamViewer Germany GmbH, which is responsible for the operating business.


TeamViewer AG's shares are traded on the regulated market ([[Prime Standard]]) of the Frankfurt Stock Exchange.<ref>{{Citation|language=en|url=https://ir.teamviewer.com/websites/teamviewer/English/1300/basic-information.html|title=Basic Information|publisher=TeamViewer AG|access-date=2020-02-04}}</ref> Around 80% of TeamViewer AG's shares are in [[Public float|free float]]. Important [[Shareholder|shareholders]] are [[Permira]], the [[Capital Group Companies|Capital Group]] and [[BlackRock]].<ref>{{Citation|language=en|url=https://ir.teamviewer.com/websites/teamviewer/English/1400/shareholder-structure.html|title=Shareholder Structure|publisher=TeamViewer AG|access-date=2020-02-04}}</ref><ref>{{Citation|language=en|website=Börse Frankfurt|url=https://www.boerse-frankfurt.de/equity/teamviewer-ag/company-details|title=TeamViewer AG / Company Details|access-date=2021-02-10}}</ref>
TeamViewer's shares are traded on the regulated market ([[Prime Standard]]) of the Frankfurt Stock Exchange.<ref>{{Citation|language=en |url=https://ir.teamviewer.com/websites/teamviewer/English/1300/basic-information.html|title=Basic Information |publisher=TeamViewer AG|access-date=February 4, 2020}}</ref> Around 75% of the shares are in [[Public float|free float]]. [[Shareholder]]s are [[Permira]], [[BlackRock]] and the [[Norges Bank]], amongst others.<ref>{{Citation|language=en |url=https://ir.teamviewer.com/websites/teamviewer/English/1400/shareholder-structure.html |title=Shareholder Structure|publisher=TeamViewer AG|access-date=November 17, 2022}}</ref><ref>{{Citation|language=en |website=Börse Frankfurt |url=https://www.boerse-frankfurt.de/equity/teamviewer-ag/company-details|title=TeamViewer AG / Company Details|access-date=November 17, 2022}}</ref>


=== Management ===
=== Management ===
The executive board of TeamViewer consists of Oliver Steil ([[chief executive officer]]), Michael Wilkens ([[chief financial officer]]), Peter Turner ([[chief commercial officer]]) and Mei Dent ([[chief product officer]] & [[chief technology officer]]).<ref name="Bloomberg" /> The extended management board (senior leadership team) consists of nine people.
The Management Board of TeamViewer AG consists of Oliver Steil (Chief Executive Officer, [[Chief Executive Officer|CEO]]) and Stefan Gaiser ([[Chief financial officer|Chief Financial Officer]], CFO).<ref>{{Citation|language=en|url=https://www.wsj.com/market-data/quotes/XE/XETR/TMV/company-people/executive-profile/158943739|title=Oliver Steil / Executive Profile|website=The Wall Street Journal|access-date=2020-02-04}}</ref><ref>{{Citation|language=en|url=https://www.wsj.com/market-data/quotes/XE/XETR/TMV/company-people/executive-profile/144929806|title=Stefan Gaiser / Executive Profile|website=The Wall Street Journal|access-date=2020-02-04}}</ref> The extended Management Board (Senior Leadership Team) consists of nine people.<ref>{{Citation|language=en|url=https://www.teamviewer.com/en-us/company/leadership/|title=Leadership Team|publisher=TeamViewer AG|access-date=2021-02-04}}</ref> The Supervisory Board of TeamViewer AG has six members. Its [[Chairperson|chairman]] is Abraham Peled.<ref>{{Citation|language=en|url=https://www.wsj.com/market-data/quotes/XE/XETR/TMV/company-people/executive-profile/74739|title=Abraham Peled / Executive Profile|website=The Wall Street Journal|access-date=2020-02-04}}</ref>

The supervisory board of TeamViewer has eight members; its [[Chairperson|chairman]] is Ralf W. Dieter.<ref>{{Citation|language=de|url=https://www.wallstreet-online.de/nachricht/15857181-dgap-news-unternehmer-ralf-w-dieter-ehemals-ceo-duerr-ag-teamviewer-aufsichtsrat|title=Unternehmer Ralf W. Dieter, ehemals CEO der Dürr AG, wird neuer TeamViewer-Aufsichtsrat|website=Wallstreet Online|access-date=April 23, 2024}}</ref>


===Locations===
===Locations===
''TeamViewer AG's'' [[headquarters]] is located at Bahnhofsplatz in Göppingen.<ref>{{Citation|url=https://ca.news.yahoo.com/teamviewer-says-demand-normalises-pandemic-063402037.html|language=en|title=TeamViewer Says Demand Normalises After Pandemic Surge|author=Douglas Busvine|website=Yahoo News|date=2020-11-10|access-date=2021-02-14}}</ref> The building had been constructed by the city and was originally intended to be used as an extension of the [[Town hall|city hall]],<ref>{{Citation|language=de|title=Firma will ins neue Rathaus.|newspaper=Neue Württembergische Zeitung|date=2019-01-22}}</ref> before it was offered to the rapidly growing company to keep it in Göppingen.<ref>{{Citation|language=de|title=TeamViewer darf ins Rathaus.|newspaper=Neue Württembergische Zeitung|date=2019-02-15}}</ref><ref>{{Citation|language=de|title=Stadt plant für Unternehmen um.|newspaper=Neue Württembergische Zeitung|date=2019-12-06|page=19}}</ref>
TeamViewer's [[headquarters]] are located at Bahnhofsplatz in Göppingen.<ref>{{Citation|url=https://ca.news.yahoo.com/teamviewer-says-demand-normalises-pandemic-063402037.html |language=en|title=TeamViewer Says Demand Normalises After Pandemic Surge|author=Douglas Busvine|website=Yahoo News |date=November 10, 2020|access-date=February 14, 2021}}</ref> The building had been constructed by the city and was originally intended to be used as an extension of the [[Town hall|city hall]],<ref>{{Citation|language=de |title=Firma will ins neue Rathaus.|newspaper=Neue Württembergische Zeitung |date=January 22, 2019}}</ref> before it was offered to the company to keep it in Göppingen.<ref>{{Citation|language=de|title=TeamViewer darf ins Rathaus.|newspaper=Neue Württembergische Zeitung|date=February 15, 2019}}</ref><ref>{{Citation|language=de |title=Stadt plant für Unternehmen um |newspaper=Neue Württembergische Zeitung|date=December 6, 2019|page=19}}</ref>

⚫
Internationally, TeamViewer has multiple [[Subsidiary|subsidiaries]] and locations on all continents. The key locations for research and development are [[Göppingen]], [[Bremen]], and [[Ioannina]].<ref>{{Citation|language=en|url=https://www.newgreektv.com/news-in-english-for-greeks/greece/item/30564-german-firm-teamviewer-opens-new-center-in-ioannina|website=New Greek Television|title=German Firm TeamViewer Opens New Center in Ioannina|date=October 15, 2019 |access-date=February 10, 2021 |author=E. Tsiliopoulos}}</ref><ref>{{Citation|language=en|url=https://www.knowledgebridges.gr/en/news/703|title=The German TeamViewer invests in Ioannina|website=Knowledge Bridges|access-date=February 11, 2021|date=January 22, 2020}}</ref>


=== Acquisitions ===
⚫
Internationally, TeamViewer AG has numerous [[Subsidiary|subsidiaries]] and [[Location|locations]] on all continents. For example, the key locations for research and development are [[Yerevan]], [[Armenia]] and [[Ioannina]], [[Greece]].<ref>{{Citation|language=en|url=https://www.newgreektv.com/news-in-english-for-greeks/greece/item/30564-german-firm-teamviewer-opens-new-center-in-ioannina|website=New Greek Television|title=German Firm TeamViewer Opens New Center in Ioannina|date=2019-10-15|access-date=2021-02-10|author=E. Tsiliopoulos}}</ref><ref>{{Citation|language=en|url=https://www.knowledgebridges.gr/en/news/703|title=The German TeamViewer invests in Ioannina|website=Knowledge Bridges|access-date=2021-02-11|date=2020-01-22}}</ref>
* 2020: Ubimax, a German specialized [[augmented reality]] software provider for wearables<ref>{{Cite news|date=July 15, 2020 |title=Teamviewer buy augmented reality firm Ubimax|language=en|work=Reuters|url=https://www.reuters.com/article/us-ubimax-m-a-teamviewer-idUSKCN24G1MF|access-date=September 16, 2020}}</ref>
* 2021: Upskill, a United States industrial augmented reality software provider<ref>{{Cite web|date=March 2, 2021 |title=TeamViewer acquires U.S. augmented reality software firm Upskill |url=https://www.reuters.com/article/us-teamviewer-m-a-idUSKBN2AU0HK|access-date=January 28, 2022|website=Reuters}}</ref>
* 2021: Xaleon, an Austrian [[customer engagement]] solutions provider<ref>{{Cite web|last1=Holzki|first1=Larissa |last2=Kerkmann|first2=Christof |date=January 19, 2021 |title=Übernahme von Xaleon: Teamviewer baut neues Geschäftsfeld auf |url=https://www.handelsblatt.com/technik/it-internet/softwareunternehmen-uebernahme-von-xaleon-teamviewer-baut-neues-geschaeftsfeld-auf/26830136.html|access-date=January 28, 2022|website=Handelsblatt|language=de}}</ref>
* 2021: Viscopic, a German [[mixed reality]] solutions provider<ref>{{Cite web|last=Wurm |first=Michaela |date=May 11, 2021 |title=Teamviewer kauft Mixed-Reality-Startup |url=https://www.ict-channel.com/software-services/teamviewer-kauft-mixed-reality-startup.125001.html|website=ICT Channel|language=de}}</ref>
* 2024: 1E, a UK-based provider of Digital Employee Experience (DEX) software<ref>{{Cite web |last=Butcher |first=Mike |date=2024-12-10 |title=TeamViewer buys 1E, which detects PC software problems, for $720M |url=https://techcrunch.com/2024/12/10/1e-which-detects-pc-software-problems-acquired-by-germanys-teamviewer-for-720m/ |access-date=2024-12-10 |website=TechCrunch |language=en-US}}</ref>


==Products==
==Products==
===Software===
⚫
{{Main|TeamViewer}}


⚫
TeamViewer became known primarily for its remote access, control, and maintenance software for computers and [[mobile device]]s.<ref>{{Citation|language=de |title=Wie geht das? TeamViewer ermöglicht Hilfe aus der Ferne |newspaper=Berliner Zeitung|date=December 29, 2007|page=8}}</ref> The software, called TeamViewer, supports all major [[Desktop computer|desktop]], [[smartphone]], and [[Tablet computer|tablet]] operating systems, including [[Microsoft Windows|Windows]], [[macOS]], [[Android (operating system)|Android]], and [[iOS]].<ref>{{Citation|language=de|author=Franz Công Bùi |title=TeamViewer-App ermöglicht Zugriff auf Computer aus der Ferne |newspaper=Börsen-Zeitung |date=August 1, 2012|page=19}}</ref> The software is free for private, [[Non-commercial activity|non-commercial]] use.<ref>{{Citation|language=de|author=Georg Drabner |title=Hilfe aus der Ferne|newspaper=Saarbrücker Zeitung|date=April 24, 2009}}</ref>
⚫
===TeamViewer===
⚫
TeamViewer became known primarily for a solution for remote access to, as well as remote control and maintenance of, computers and [[Mobile device|mobile devices]].<ref>{{Citation|language=de|title=Wie geht das? TeamViewer ermöglicht Hilfe aus der Ferne.|newspaper=Berliner Zeitung|date=2007-12-29|page=8}}</ref> The software, called TeamViewer, supports all major [[Desktop computer|desktop]], [[smartphone]], and [[Tablet computer|tablet]] operating systems, including [[Microsoft Windows|Windows]], [[macOS]], [[Android (operating system)|Android]], and [[iOS]].<ref>{{Citation|language=de|author=Franz Công Bùi|title=TeamViewer-App ermöglicht Zugriff auf Computer aus der Ferne.|newspaper=Börsen-Zeitung|date=2012-08-01|page=19}}</ref> The software is free for private, [[Non-commercial activity|non-commercial]] use.<ref>{{Citation|language=de|author=Georg Drabner|title=Hilfe aus der Ferne|newspaper=Saarbrücker Zeitung|date=2009-04-24}}</ref>


===Platform===
===Platform===
The TeamViewer platform enables the connection of a wide range of devices in companies of all sizes and from all industries.<ref>{{Citation|language=de|author=Sebastian Schmid|title=Die Zukunft ist ferngesteuert.|newspaper=Börsen-Zeitung|date=2019-09-26|page=8}}</ref><ref>{{Citation|language=de|author=Armin Mahler|title=Herr der Dinge|newspaper=Der Spiegel|date=2016-06-25|page=70|url=https://www.spiegel.de/spiegel/print/d-145529209.html|access-date=2021-02-04}}</ref> Also, TeamViewer offers [[augmented reality]] [[Application software|applications]] to help frontline workers simplify their work processes with step-by-step instructions or to help service technicians remotely solve complex problems on machines.<ref>{{Citation|language=en|url=https://www.reuters.com/article/us-ubimax-m-a-teamviewer/teamviewer-buy-augmented-reality-firm-ubimax-idUSKCN24G1MF|title=Teamviewer Buy Augmented Reality Firm Ubimax|publisher=Reuters|date=2020-07-15|access-date=2020-02-04}}</ref>
The TeamViewer platform enables the connection of a wide range of devices.<ref>{{Citation|language=de |author=Sebastian Schmid|title=Die Zukunft ist ferngesteuert.|newspaper=Börsen-Zeitung|date=September 26, 2019 |page=8}}</ref><ref>{{Citation|language=de|author=Armin Mahler|title=Herr der Dinge |newspaper=Der Spiegel|date=June 25, 2016 |page=70 |url=https://www.spiegel.de/spiegel/print/d-145529209.html|access-date=February 4, 2021}}</ref> TeamViewer offers [[augmented reality]] [[Application software|applications]] to help frontline workers simplify their work processes with step-by-step instructions, or to help service technicians remotely solve complex problems on machines.<ref>{{Citation|language=en |url=https://www.reuters.com/article/us-ubimax-m-a-teamviewer/teamviewer-buy-augmented-reality-firm-ubimax-idUSKCN24G1MF|title=Teamviewer Buy Augmented Reality Firm Ubimax |publisher=Reuters|date=July 15, 2020 |access-date=February 4, 2020}}</ref>


There are interfaces to other applications and services, such as [[Microsoft Teams]].<ref>{{Citation|language=en|url=https://www.thehindubusinessline.com/companies/microsoft-to-integrate-teamviewer-in-microsoft-teams/article32510765.ece|title=Microsoft to integrate TeamViewer in Microsoft Teams|date=2020-09-03|access-date=2021-02-15|website=The Hindu Business Line|publication-place=Mumbai}}</ref><ref>{{Citation|language=en|title=TeamViewer Integrates with Microsoft Teams|url=https://www.enterpriseitworld.com/teamviewer-integrates-with-microsoft-teams/|date=2020-09-02|access-date=2021-02-09|website=Enterprise IT World}}</ref>
There are interfaces to other applications and services, such as [[Microsoft Teams]].<ref>{{Citation|language=en|url=https://www.thehindubusinessline.com/companies/microsoft-to-integrate-teamviewer-in-microsoft-teams/article32510765.ece|title=Microsoft to integrate TeamViewer in Microsoft Teams|date=September 3, 2020|access-date=February 15, 2021 |website=The Hindu Business Line}}</ref><ref>{{Citation|language=en|title=TeamViewer Integrates with Microsoft Teams |url=https://www.enterpriseitworld.com/teamviewer-integrates-with-microsoft-teams/|date=September 2, 2020|access-date=February 9, 2021|website=Enterprise IT World}}</ref>


==Sponsorships==
==Sponsoring==
Since 2020, TeamViewer AG has been the main sponsor of the [[Handball-Bundesliga]] teams of [[Frisch Auf Göppingen]].<ref>{{Citation|language=de|first1=Helge|last1=Thiele|title=TeamViewer will Frisch Auf in Champions League führen.|newspaper=Neue Württembergische Zeitung|date=202-09-29|page=15}}</ref>
Since 2020, TeamViewer has been the main sponsor of the [[Handball-Bundesliga]] teams of [[Frisch Auf Göppingen]].<ref>{{Citation|language=de |first1=Helge |last1=Thiele |title=TeamViewer will Frisch Auf in Champions League führen.|newspaper=Neue Württembergische Zeitung|date=September 29, 2020|page=15}}</ref>


In 2021, TeamViewer AG became the principal shirt sponsor of [[Manchester United F.C.|Manchester United]] in a five year deal starting from the 2021–22 season. The [[Premier League]] club also plans to use the company's solutions for digitalization of fan experiences and business processes.<ref>{{Citation|first1=Jamie|last1=Jackson|title=Manchester United Sign £235m Shirt Sponsorship Deal With TeamViewer|newspaper=The Guardian|date=2021-03-19|access-date=2021-05-12|url=https://www.theguardian.com/football/2021/mar/19/manchester-united-sign-235m-shirt-sponsorship-deal-with-teamviewer}}</ref> The same year, TeamViewer AG entered a partnership with the [[Mercedes-AMG Petronas Formula One Team]] and the [[Mercedes-EQ Formula E Team]]. Besides prominent branding on cars and drivers’ racing suits and teamwear, the partnership includes transferring use cases from the racetrack to the industrial environment of TeamViewer’s customers.<ref>{{Citation|title=TeamViewer in Five-Year Sponsorship Deal With Mercedes F1 and FE Teams|publisher=Reuters|date=2021-03-30|access-date=2021-05-12|url=https://www.reuters.com/article/us-motor-f1-mercedes-teamviewer-idUSKBN2BM0DU}}</ref>
From season 2021-2022 to season 2023-2024, TeamViewer was the principal shirt sponsor of [[Manchester United F.C.|Manchester United]]. In December 2022, TeamViewer announced its intention to substantially reduce its involvement in agreement with the football club to take account of a changed market environment.<ref>{{Citation|first1=Jamie|last1=Jackson |title=Manchester United Sign £235m Shirt Sponsorship Deal With TeamViewer |newspaper=The Guardian|date=March 19, 2021|access-date=May 12, 2021 |url=https://www.theguardian.com/football/2021/mar/19/manchester-united-sign-235m-shirt-sponsorship-deal-with-teamviewer}}</ref><ref>{{Cite web |date=2023-09-13 |title=Sponsoring: Teamviewer besiegelt Ausstieg als Trikotsponsor bei Manchester United |url=https://www.horizont.net/marketing/nachrichten/sponsoring-teamviewer-besiegelt-ausstieg-als-trikotsponsor-bei-manchester-united-214585 |access-date=2024-09-09 |website=Horizont |language=de}}</ref> Also in 2021, TeamViewer entered a partnership with the [[Mercedes-AMG Petronas Formula One Team]] and the [[Mercedes-EQ Formula E Team]], who will use the company's branding on cars and drivers' racing suits.<ref>{{Citation|title=TeamViewer in Five-Year Sponsorship Deal With Mercedes F1 and FE Teams|publisher=Reuters|date=March 30, 2021|access-date=May 12, 2021 |url=https://www.reuters.com/article/us-motor-f1-mercedes-teamviewer-idUSKBN2BM0DU}}</ref> The latter ended when the Mercedes team withdrew from Formula E after the 2022 season.<ref>{{Cite news |last=Krämer |first=Marcus |date=2021-08-18 |title=Ausstieg von Mercedes: Warum die Formel E eine Randerscheinung bleiben wird |url=https://www.spiegel.de/sport/mercedes-verlaesst-die-formel-e-warum-die-serie-eine-randerscheinung-bleiben-wird-a-e86e014d-c2bc-4bc6-88fb-f8c95629fabc |access-date=2024-09-09 |work=[[Der Spiegel]] |language=de |issn=2195-1349}}</ref>


==References==
==References==
Line 83: Line 91:


==External links==
==External links==
* {{Official website}}
* {{official|https://www.teamviewer.com}}


{{MDAX companies}}
{{TecDAX companies}}
{{TecDAX companies}}


[[Category:Publicly traded companies of Germany]]
[[Category:Publicly traded companies of Germany]]
[[Category:German companies established in 2005]]
[[Category:German companies established in 2005]]
[[Category:Software companies established in 2005]]
[[Category:Software companies of Germany]]
[[Category:Software companies of Germany]]
[[Category:Companies based in Baden-Württemberg]]
[[Category:Companies based in Baden-Württemberg]]
[[Category:Companies listed on the Frankfurt Stock Exchange]]
[[Category:Permira companies]]

Latest revision as of 14:19, 8 January 2025

This article is about the international technology company. For the remote access and remote control software, see TeamViewer.

TeamViewer SE
Company typePublic (Societas Europaea)
FWB: TMV
ISINDE000A2YN900
IndustrySoftware
Founded2005; 20 years ago (2005)
Headquarters
Göppingen
,
Germany
Area served
Worldwide
Key people
ServicesSoftware and computer services
RevenueIncrease €626.7 million (2023)
Increase €114 million (2023)
Total assetsDecrease €1,111.5 million (2023)
Total equityDecrease €83.7 million (2023)
Number of employees
Increase 1,461 (2023)
Websitewww.teamviewer.com/en/ Edit this at Wikidata
Footnotes / references
TeamViewer Annual Report 2023

TeamViewer SE is an international technology company headquartered in Göppingen, Germany.[1][2] The company became known for the TeamViewer remote access and support software of the same name.[3] Within the TeamViewer software, customers can connect, monitor, and control computers, machines, and other devices.[4][5] It can be used in various industries, for example, to digitalize processes along the industrial value chain.[6] The company is listed on the stock exchange and is a member of MDAX and TecDAX.[7][8]

History

[edit]

Start-up and growth phase

[edit]

TeamViewer was founded following the release of the first version of the TeamViewer software in 2005. The TeamViewer software was developed to reduce travelling to customers.[9][10] It became the core product of the newly founded TeamViewer GmbH, which today operates as TeamViewer Germany GmbH and belongs to TeamViewer SE.[11][12][13] The company's business model allowed private users to use the software free of charge, while companies had to purchase a license.[14]

In 2010, TeamViewer GmbH was acquired by GFI Software.[15] In 2014, British private equity firm Permira acquired TeamViewer and helped the company develop an international customer base and expand the scope of its products.[16] With a purchase price of around one billion US dollars, the company was classified as a so-called "unicorn", the designation for an unlisted company worth at least one billion US dollars.[17][18]

Initial public offering

[edit]

From the beginning of 2018, the company changed its business model from the previous sale of licenses to subscriptions.[19] This followed a general trend in the IT industry and helped TeamViewer to grow further.[20][21][22] In preparation for an IPO, a new corporate structure was created in 2019.[23]

The company was initially listed on the Frankfurt Stock Exchange in September 2019.[24][25][26] With an issue volume of €2.2 billion, it was the largest IPO of a German technology company since 2000 and the largest IPO in Europe in 2019.[27] By the end of 2019, TeamViewer's shares had been admitted to the MDAX and TecDAX stock indices.[28][29]

Company

[edit]

TeamViewer SE is a European stock corporation (Societas Europaea). Together with its domestic and foreign subsidiaries, it forms the TeamViewer Group. The most important subsidiaries include TeamViewer Germany GmbH, which is responsible for the operating business.

TeamViewer's shares are traded on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.[30] Around 75% of the shares are in free float. Shareholders are Permira, BlackRock and the Norges Bank, amongst others.[31][32]

Management

[edit]

The executive board of TeamViewer consists of Oliver Steil (chief executive officer), Michael Wilkens (chief financial officer), Peter Turner (chief commercial officer) and Mei Dent (chief product officer & chief technology officer).[1] The extended management board (senior leadership team) consists of nine people.

The supervisory board of TeamViewer has eight members; its chairman is Ralf W. Dieter.[33]

Locations

[edit]

TeamViewer's headquarters are located at Bahnhofsplatz in Göppingen.[34] The building had been constructed by the city and was originally intended to be used as an extension of the city hall,[35] before it was offered to the company to keep it in Göppingen.[36][37]

Internationally, TeamViewer has multiple subsidiaries and locations on all continents. The key locations for research and development are Göppingen, Bremen, and Ioannina.[38][39]

Acquisitions

[edit]
  • 2020: Ubimax, a German specialized augmented reality software provider for wearables[40]
  • 2021: Upskill, a United States industrial augmented reality software provider[41]
  • 2021: Xaleon, an Austrian customer engagement solutions provider[42]
  • 2021: Viscopic, a German mixed reality solutions provider[43]
  • 2024: 1E, a UK-based provider of Digital Employee Experience (DEX) software[44]

Products

[edit]

Software

[edit]
Main article: TeamViewer

TeamViewer became known primarily for its remote access, control, and maintenance software for computers and mobile devices.[45] The software, called TeamViewer, supports all major desktop, smartphone, and tablet operating systems, including Windows, macOS, Android, and iOS.[46] The software is free for private, non-commercial use.[47]

Platform

[edit]

The TeamViewer platform enables the connection of a wide range of devices.[48][49] TeamViewer offers augmented reality applications to help frontline workers simplify their work processes with step-by-step instructions, or to help service technicians remotely solve complex problems on machines.[50]

There are interfaces to other applications and services, such as Microsoft Teams.[51][52]

Sponsoring

[edit]

Since 2020, TeamViewer has been the main sponsor of the Handball-Bundesliga teams of Frisch Auf Göppingen.[53]

From season 2021-2022 to season 2023-2024, TeamViewer was the principal shirt sponsor of Manchester United. In December 2022, TeamViewer announced its intention to substantially reduce its involvement in agreement with the football club to take account of a changed market environment.[54][55] Also in 2021, TeamViewer entered a partnership with the Mercedes-AMG Petronas Formula One Team and the Mercedes-EQ Formula E Team, who will use the company's branding on cars and drivers' racing suits.[56] The latter ended when the Mercedes team withdrew from Formula E after the 2022 season.[57]

References

[edit]
  1. ^ a b "TeamViewer AG", Bloomberg, retrieved April 23, 2024
  2. ^ Nico Pointner (January 6, 2017), "Das Einhorn von Göppingen", Frankfurter Rundschau (in German), p. 15
  3. ^ Lisa Hegemann (September 25, 2019), "Ein schwäbisches Digitalwunder", Zeit Online (in German), retrieved February 4, 2020
  4. ^ "TeamViewer Supports Apple Silicon", Financial Times, November 24, 2020, retrieved February 16, 2021
  5. ^ Michael Kroker (May 5, 2017), "Das Ding versteht Schwäbisch.", WirtschaftsWoche (in German), retrieved February 4, 2020
  6. ^ Susanne Preuß, Bastian Benrath (November 11, 2020), "Schwäbischer Tech-Konzern: Was TeamViewer hinter den Kulissen plant.", Faz.net (in German), retrieved February 4, 2021
  7. ^ MDAX (in German), Börse Frankfurt, retrieved February 4, 2020
  8. ^ TecDAX (in German), Börse Frankfurt, retrieved February 4, 2020
  9. ^ Holzki, Larissa; Kerkmann, Christof; Zhang, Effy (June 5, 2020), "Per Mausklick in die Firma", Handelsblatt (in German), p. 27, retrieved February 4, 2020
  10. ^ "Software-Riese Teamviewer: Weltmarktführer aus der Provinz". Stern (in German). January 5, 2017. Retrieved September 9, 2024.
  11. ^ About TeamViewer (in German), Rossmanith GmbH, archived from the original on April 19, 2005, retrieved February 4, 2020
  12. ^ Holzki, Larissa; Köhler, Peter; Landgraf, Robert (August 23, 2019). "TeamViewer strebt an die Börse". Handelsblatt (in German). p. 21.
  13. ^ Unternehmensregister (in German), Bundesanzeiger Verlag, retrieved February 4, 2020
  14. ^ Hannah Scherkamp (October 30, 2015), "TeamViewer: So läuft's beim schwäbischen Hidden Champion.", Gründerszene (in German), retrieved February 4, 2020
  15. ^ "Permira funds to acquire leading software firm TeamViewer from GFI Software" (PDF). Permira. Archived from the original (PDF) on May 21, 2014. Retrieved July 2, 2015.
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