Together with its domestic and foreign subsidiaries, it forms the TeamViewer Group. TeamViewer AG is a German stock corporation. Recently, TeamViewer expanded its portfolio, particularly in industry solutions. By the end of 2019, TeamViewer AG’s shares had already been admitted to the MDAX and TecDAX stock indices. 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. The initial listing on the Frankfurt Stock Exchange in September 2019 was met with strong investor interest. The newly created TeamViewer AG became the owner of the then renamed TeamViewer Germany GmbH. In preparation for an IPO, a new corporate structure was created in 2019.
This followed a general trend in the IT industry and helped TeamViewer GmbH to grow further. Initial public offering įrom the beginning of 2018, the company changed its business model from the previous sale of licenses to subscriptions. 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. In 2014, British private equity firm Permira acquired TeamViewer and helped the company develop its international customer base and expand the scope of its products.
In 2010, TeamViewer GmbH was acquired by GFI Software.
TEAMVIEWER DOWNLOAD ENGLISH SOFTWARE
The company's business model allowed private users to use the software free of charge, while companies had to purchase a paid license. The software became the core product of TeamViewer GmbH, which today operates as TeamViewer Germany GmbH. To reduce travel to customers and present quality management software remotely, the founder of Rossmanith GmbH developed the TeamViewer software. The foundation of TeamViewer dates back to the release of the first version of TeamViewer software in 2005.
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