TEAMVIEWER SE UNSP/ADR - TMVWY STOCK NEWS

TeamViewer, a global leader in remote connectivity solutions, launched the lifeAR mobile app on May 19, 2021, for iPhones and Android devices. This app enhances digital interactions through location-aware augmented reality (AR) annotations, allowing users to engage in group video calls with up to six participants. The app utilizes advanced AR technologies, such as Apple's LiDAR and Google's Depth API, and aims to democratize technology by assisting users in various everyday scenarios. lifeAR is available for free, further enhancing TeamViewer's portfolio as it explores new avenues in AR-based social interaction.

TeamViewer announced the appointment of Patricia Nagle as President of TeamViewer Americas, effective May 2021. Nagle, a seasoned executive from OpenText, will drive sales leadership and expand market presence in the US and Latin America. CEO Oliver Steil emphasized Nagle's strong sales growth record and strategic partnership skills as critical for enhancing TeamViewer's market strategy. The company is entering a growth phase focused on digital transformation technologies like Augmented Reality and IoT, following 2020 billings of EUR 460 million.

Mitsubishi Electric Europe B.V. Polish Branch has partnered with TeamViewer to implement augmented reality (AR) support solutions across Central and Eastern Europe. This initiative targets Mitsubishi’s industrial automation sector, enhancing customer support for clients in the food, aerospace, and automotive industries. TeamViewer's AR solution aims to reduce equipment downtime by enabling on-site problem-solving through remote assistance. This strategic collaboration is poised to improve operational efficiency and customer interaction while aligning with Mitsubishi's smart factory objectives.

TeamViewer appointed Lisa Agona as the new global Chief Marketing Officer, effective April 19, 2021, enhancing its management board alongside CEO Oliver Steil and CFO Stefan Gaiser. Agona, who previously held senior marketing roles at Accenture, LexisNexis, and Ensono, will be pivotal in driving global marketing strategies and brand recognition. Her appointment follows the departure of Gautam Goswami, who played a key role in the company's successful IPO. TeamViewer's recent global sponsorships with Manchester United and Mercedes F1 underline its growth ambitions.

TeamViewer has announced its acquisition of Upskill, a leader in augmented reality (AR) software for industrial workers, aimed at enhancing its position in the U.S. market. Upskill's technology supports frontline workers through augmented reality solutions and boasts a client list that includes major companies like Boeing and Merck. The acquisition follows TeamViewer's investment in AR, building on its prior acquisition of Ubimax. While the purchase price remains undisclosed, TeamViewer aims to leverage Upskill's capabilities to accelerate digital transformation across various industries.

TeamViewer continues its long-standing partnership with Siemens Healthineers, providing support for tens of thousands of imaging and laboratory diagnostic devices globally. This collaboration allows Siemens to offer immediate remote troubleshooting, enhancing patient care through end-to-end encrypted connections that comply with medical security standards. As the demand for secure access grows in clinical settings, TeamViewer's role becomes increasingly vital. With over 2.5 billion installations and significant annual billings, TeamViewer is shaping digital transformation in healthcare and beyond.

TAMPA BAY, Fla., Sept. 29, 2020 /PRNewswire/ -- Ubimax, part of the TeamViewer Group, announces Frontline 3.0, enhancing its AR-based enterprise productivity platform. Key upgrades include mobile-native apps for iOS and Android, bolstering its hardware-agnostic stance. New security features like two-factor authentication and improved user management address enterprise IT needs. The xAssist remote support solution also sees enhancements for real-time troubleshooting. Following its integration with TeamViewer, Ubimax aims to strengthen AR solutions for global enterprises.

TeamViewer, a global provider of secure remote connectivity solutions, launched its new Mobile Software Development Kit (SDK) on September 10, 2020. This SDK enables companies to integrate TeamViewer's remote support capabilities into their mobile apps as a white label solution, ensuring GDPR compliance. By using the SDK, support employees can access user screens securely, while protecting user privacy. The SDK supports iOS 12.0 and Android 5.0 onwards, allowing seamless operation even in low-bandwidth environments. TeamViewer, headquartered in Germany, generated approximately EUR 325 million in billings in 2019.