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New Deal


Announced

Completed

TeamViewer completed the acquisition of Xaleon.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Austria

Single Bidder

Acquisition

Majority

Private

Completed

Software

information technology

Cross Border

Private Equity

Synopsis

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TeamViewer, a global provider of secure remote connectivity solutions and workplace digitalization technology, completed the acquisition of Xaleon, an Austrian start-up and provider of customer engagement software. Financial terms were not disclosed. "Now we invest in the customer engagement space as we see an increased need for remote customer interactions replacing physical sales and customer services processes as an important part of the value-chain in all industries. We are extremely happy to welcome the highly talented founders of Xaleon and their entire team to the TeamViewer family and are looking forward to strategically develop their customer engagement suite together inside TeamViewer," Oliver Steil, TeamViewer CEO.

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