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TeamViewer (company)

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 SDAX[7] and TecDAX.[8][9]

History

Start-up and growth phase

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.[10][11] It became the core product of the newly founded TeamViewer GmbH, which today operates as TeamViewer Germany GmbH and belongs to TeamViewer SE.[12][13][14] The company's business model allowed private users to use the software free of charge, while companies had to purchase a license.[15]

In 2010, TeamViewer GmbH was acquired by GFI Software.[16] 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.[17] 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.[18][19]

Initial public offering

From the beginning of 2018, the company changed its business model from the previous sale of licenses to subscriptions.[20] This followed a general trend in the IT industry and helped TeamViewer to grow further.[21][22][23] In preparation for an IPO, a new corporate structure was created in 2019.[24]

The company was initially listed on the Frankfurt Stock Exchange in September 2019.[25][26][27] 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.[28] By the end of 2019, TeamViewer's shares had been admitted to the MDAX and TecDAX stock indices.[29][30]

At the end of 2025, TeamViewer introduced the AI agent Tia, which can independently resolve simple technical issues.[31]

In March 2026, TeamViewer shares were moved from the MDAX to the SDAX based on its market capitalisation.[7]

Company

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.[32] All shares are in free float. Biggest Shareholder is BlackRock.[33]

Management

The executive board of TeamViewer consists of Oliver Steil (chief executive officer), Michael Wilkens (chief financial officer), Mark Banfield (chief revenue officer)[34] and Mei Dent (chief product officer & chief technology officer).[1] Additionally, there is an extended management board (senior leadership team).

The supervisory board of TeamViewer has seven members; its chairman is Ralf W. Dieter.[35][36]

Locations

TeamViewer's headquarters are located at Bahnhofsplatz in Göppingen.[37] The building had been constructed by the city and was originally intended to be used as an extension of the city hall,[38] before it was offered to the company to keep it in Göppingen.[39][40]

Internationally, TeamViewer has multiple subsidiaries and locations on all continents. The key locations for research and development are Göppingen, Bremen, Linz and Ioannina.[41][42][43] Other locations include a location in the United States.[44]

Acquisitions

  • 2020: Ubimax, a German specialized augmented reality software provider for wearables[45]
  • 2021: Upskill, a United States industrial augmented reality software provider[46]
  • 2021: Xaleon, an Austrian customer engagement solutions provider[47]
  • 2021: Viscopic, a German mixed reality solutions provider[48]
  • 2024: 1E, a UK-based provider of Digital Employee Experience (DEX) software[49]

Products

Software

TeamViewer became known primarily for its remote access, control, and maintenance software for computers and mobile devices.[50] The software, called TeamViewer Remote,[51] supports all major desktop, smartphone, and tablet operating systems, including Windows, macOS, Android, and iOS.[52] The software is free for private, non-commercial use.[53] The subscription-based enterprise version for commercial use is called TeamViewer Tensor.[54] There are interfaces to other applications and services, such as Microsoft Teams.[55][56]

Platform

The TeamViewer platform enables the connection of a wide range of devices from regular IT equipment to robots and machines.[57][58] It operates as a digital workplace platform.[59] Through the acquisition of software provider 1E, the company integrated functions in the area of Digital Employee Experience (DEX), which are used for the early detection and automated rectification of device problems in order to reduce the potential impact on productivity.[60][61] As part of this move, the company launched TeamViewer One, an integrated platform that bundles remote connectivity applications and DEX features.[62] Additionally, 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.[63]

Sponsoring

Since 2020, TeamViewer has been the main sponsor of the Handball-Bundesliga teams of Frisch Auf Göppingen.[64]

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.[65][66] 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.[67] The latter ended when the Mercedes team withdrew from Formula E after the 2022 season.[68]

External links

References

  1. TeamViewer AG Bloomberg, retrieved April 23, 2024^
  2. Nico Pointner. Das Einhorn von Göppingen Frankfurter Rundschau, January 6, 2017^
  3. Lisa Hegemann. Ein schwäbisches Digitalwunder Zeit Online, September 25, 2019, retrieved February 4, 2020^
  4. TeamViewer Supports Apple Silicon Financial Times, November 24, 2020, retrieved February 16, 2021^
  5. Michael Kroker. Das Ding versteht Schwäbisch. WirtschaftsWoche, May 5, 2017, retrieved February 4, 2020^
  6. Susanne Preuß, Bastian Benrath. Schwäbischer Tech-Konzern: Was TeamViewer hinter den Kulissen plant. Faz.net, November 11, 2020, retrieved February 4, 2021^
  7. Eduard Altmann. TeamViewer Aktie: SDAX-Wechsel Stock World, 2026-03-09, retrieved 2026-03-18^
  8. MDAX Börse Frankfurt, retrieved February 4, 2020^
  9. TecDAX Börse Frankfurt, retrieved February 4, 2020^
  10. Larissa Holzki, Christof Kerkmann, Effy Zhang. Per Mausklick in die Firma Handelsblatt, June 5, 2020, retrieved February 4, 2020^
  11. Software-Riese Teamviewer: Weltmarktführer aus der Provinz Stern, 2017-01-05, retrieved 2024-09-09^
  12. About TeamViewer Rossmanith GmbH, retrieved February 4, 2020^
  13. Larissa Holzki, Peter Köhler, Robert Landgraf. TeamViewer strebt an die Börse. Handelsblatt, August 23, 2019^
  14. Unternehmensregister Bundesanzeiger Verlag, retrieved February 4, 2020^
  15. Hannah Scherkamp. TeamViewer: So läuft's beim schwäbischen Hidden Champion. Gründerszene, October 30, 2015, retrieved February 4, 2020^
  16. Permira funds to acquire leading software firm TeamViewer from GFI Software Permira, retrieved July 2, 2015^
  17. Klaus Max Smolka. TeamViewer geht an Permira. Faz.net, July 4, 2014, retrieved February 4, 2020^
  18. Kiel Porter, Manuel Baigorri, Sarah Syed. Permira Weighs Sale of Software Company TeamViewer Bloomberg, July 18, 2017, retrieved February 10, 2021^
  19. Das Einhorn von Göppingen Handelsblatt, January 7, 2017, retrieved February 4, 2020^
  20. Robert Landgraf. Reifeprüfung Börsengang Handelsblatt, September 13, 2019, retrieved February 4, 2020^
  21. Michael Kroker. TeamViewer-CEO Steil: "Die DSGVO ist für uns ein Wettbewerbsvorteil." WirtschaftsWoche, October 31, 2018, retrieved February 4, 2020^
  22. Sebastian Schmid. TeamViewer behält Übernahmen im Blick. Börsen-Zeitung, February 23, 2019^
  23. "Permira steht für Wachstum." Börsen-Zeitung, December 22, 2015^
  24. Stefan Nicola. Permira-Backed TeamViewer CEO Favors Possible German Tech IPO Bloomberg, August 2, 2019, retrieved February 9, 2021^
  25. Heidi Rohde. TeamViewer stößt auf hohes Interesse. Börsen-Zeitung, September 13, 2019^
  26. TeamViewer AG / Information on First Quotation Xetra, Deutsche Börse, September 25, 2019, retrieved February 9, 2021^
  27. Peter Köhler, Robert Landgraf. Was Anleger zu Teamviewer wissen müssen. Handelsblatt, September 25, 2019^
  28. Thorsten Mumme. Superlative ohne Ende Der Tagesspiegel, September 21, 2019^
  29. Andreas Cünnen. Überraschender MDAX-Aufsteiger Handelsblatt, December 4, 2019^
  30. Andreas Cünnen. Indexwechsel: Das sind die neuen Aktien im DAX, SDAX und TecDAX. Handelsblatt, December 4, 2019, retrieved February 4, 2020^
  31. Andreas Donath. Teamviewer soll mit KI IT-Probleme selbstständig lösen Golem.de, 2025-11-19, retrieved 2025-12-16^
  32. Basic Information TeamViewer AG, retrieved February 4, 2020^
  33. Shareholder Structure TeamViewer AG, retrieved March 11, 2026^
  34. Mark Banfield Leadership TeamViewer, retrieved 2025-08-27^
  35. Unternehmer Ralf W. Dieter, ehemals CEO der Dürr AG, wird neuer TeamViewer-Aufsichtsrat Wallstreet Online, retrieved April 23, 2024^
  36. Supervisory Board TeamViewer, retrieved 2025-08-27^
  37. Douglas Busvine. TeamViewer Says Demand Normalises After Pandemic Surge Yahoo News, November 10, 2020, retrieved February 14, 2021^
  38. Firma will ins neue Rathaus. Neue Württembergische Zeitung, January 22, 2019^
  39. TeamViewer darf ins Rathaus. Neue Württembergische Zeitung, February 15, 2019^
  40. Stadt plant für Unternehmen um Neue Württembergische Zeitung, December 6, 2019^
  41. Teamviewer kauft Linzer Start-up Xaleon um zweistelligen Millionenbetrag Der Standard, January 19, 2021, retrieved June 24, 2025^
  42. E. Tsiliopoulos. German Firm TeamViewer Opens New Center in Ioannina New Greek Television, October 15, 2019, retrieved February 10, 2021^
  43. The German TeamViewer invests in Ioannina Knowledge Bridges, January 22, 2020, retrieved February 11, 2021^
  44. Teamviewer Us, Inc OPENGOVCO Open government data in Colorado State, July 22, 2019, retrieved February 9, 2026^
  45. Teamviewer buy augmented reality firm Ubimax Reuters, July 15, 2020, retrieved September 16, 2020^
  46. TeamViewer acquires U.S. augmented reality software firm Upskill Reuters, March 2, 2021, retrieved January 28, 2022^
  47. Larissa Holzki, Christof Kerkmann. Übernahme von Xaleon: Teamviewer baut neues Geschäftsfeld auf Handelsblatt, January 19, 2021, retrieved January 28, 2022^
  48. Michaela Wurm. Teamviewer kauft Mixed-Reality-Startup ICT Channel, May 11, 2021^
  49. Mike Butcher. TeamViewer buys 1E, which detects PC software problems, for $720M TechCrunch, 2024-12-10, retrieved 2024-12-10^
  50. Wie geht das? TeamViewer ermöglicht Hilfe aus der Ferne Berliner Zeitung, December 29, 2007^
  51. Jonas Volkert. TeamViewer gibt seinem Kind einen Namen – Remote Heise online, 2023-04-26, retrieved 2025-04-14^
  52. Franz Công Bùi. TeamViewer-App ermöglicht Zugriff auf Computer aus der Ferne Börsen-Zeitung, August 1, 2012^
  53. Georg Drabner. Hilfe aus der Ferne Saarbrücker Zeitung, April 24, 2009^
  54. Thomas Bär. Teamviewer Tensor: Fernwartung für die Großen Admin Magazin, 2019^
  55. Microsoft to integrate TeamViewer in Microsoft Teams The Hindu Business Line, September 3, 2020, retrieved February 15, 2021^
  56. TeamViewer Integrates with Microsoft Teams Enterprise IT World, September 2, 2020, retrieved February 9, 2021^
  57. Sebastian Schmid. Die Zukunft ist ferngesteuert. Börsen-Zeitung, September 26, 2019^
  58. Armin Mahler. Herr der Dinge Der Spiegel, June 25, 2016, retrieved February 4, 2021^
  59. Luis Millares. TeamViewer Launches Global MSP Program to Scale Growth Channel Insider, 2025-09-24, retrieved 2025-10-27^
  60. Teamviewer strebt Komplettlösung für IT-Probleme an Handelsblatt, 2024-12-10, retrieved 2025-04-14^
  61. Andrew Hewitt. TeamViewer Acquires 1E: What It Means Forrester, 2024-12-10, retrieved 2025-04-14^
  62. Sabine Narloch. Teamviewer mit neuer Digital-Workplace-Plattform Connect Professional, 2025-05-19, retrieved 2025-12-16^
  63. Teamviewer Buy Augmented Reality Firm Ubimax Reuters, July 15, 2020, retrieved February 4, 2020^
  64. Helge Thiele. TeamViewer will Frisch Auf in Champions League führen. Neue Württembergische Zeitung, September 29, 2020^
  65. Jamie Jackson. Manchester United Sign £235m Shirt Sponsorship Deal With TeamViewer The Guardian, March 19, 2021, retrieved May 12, 2021^
  66. Sponsoring: Teamviewer besiegelt Ausstieg als Trikotsponsor bei Manchester United Horizont, 2023-09-13, retrieved 2024-09-09^
  67. TeamViewer in Five-Year Sponsorship Deal With Mercedes F1 and FE Teams Reuters, March 30, 2021, retrieved May 12, 2021^
  68. Marcus Krämer. Ausstieg von Mercedes: Warum die Formel E eine Randerscheinung bleiben wird Der Spiegel, 2021-08-18, retrieved 2024-09-09^