NEWS
NEWS
TeamViewer to acquire 1E , a leader in Digital Employee Experience
TeamViewer , a global leader in remote connectivity and digital workplace solutions , has announced the acquisition of 1E , a leader in Digital Employee Experience ( DEX ) management tools . TeamViewer has signed an agreement with Carlyle Europe Technology Partners , part of global investment firm , Carlyle , to buy London-based 1E at an enterprise value of US $ 720 million on a cash-free , debt-free basis , which is expected to close in early 2025 after obtaining all necessary regulatory approvals .
This transformational transaction positions TeamViewer as a strong player in the digital workplace market by integrating TeamViewer ’ s remote access and support expertise with 1E ’ s autonomous IT platform . The combined offering enhances customer benefits by proactively preventing IT issues and providing efficient remote expert support to resolve them . Together with 1E , TeamViewer will deliver an industryleading , one-stop-shop for IT operations , intelligent endpoint management and enhanced user experience in the digital workplace .
1E , with its c . 300 employees , offers a leading DEX platform that delivers real-time visibility on enterprise IT landscapes , promptly identifying issues as they arise and automating remediation directly on the endpoint . This minimises downtime , disruptions and costs as well as enhances overall IT performance , employee experience and satisfaction . The 1E team , led by Chief Executive Officer , Mark Banfield , has on average delivered double-digit profitable revenue growth over the past three years , with annual recurring revenue of US $ 77 million ( as of September 2024 ) and more than 99 % of the sales coming from enterprise customers .
Oxylabs reveals manipulative pricing trends during major shopping events
Many consumers believe they are scoring a great deal during Black Friday , Cyber Monday or other major shopping events – but are they ? A new study from Oxylabs , a leading provider of web intelligence solutions , reveals that over 70 % of products in major US marketplaces were actually more expensive on Black Friday compared to the week before .
Oxylabs tracked the prices of 61,172 products across two major US e-commerce marketplaces from August 13 to November 29 , 2024 , using its Web Scraper API . The research focused on bestselling items across various categories , including video games , toys , electronics , home and kitchen appliances , sports and outdoor equipment , clothing , beauty products and office supplies . Pricing data has been observed on an hourly basis .
“ We set out to analyse how the prices of various products fluctuated in the lead-up to Black Friday . Contrary to the aggressive advertising of massive savings , many of the items we examined were actually priced highest on Black Friday . This suggests that relying on major shopping events for the best deals may not be the smartest strategy ,” said Rytis Ulys , Head of Data & Analytics at Oxylabs .
In the first marketplace it analysed , the discounted Black Friday price was the lowest price during the entire week prior to Black Friday in only 28 % of cases . The remaining 72 % of deals were not saving consumers any money . Looking into prices during the whole research duration , Oxylabs ’ team found that about one in 10 products were cheaper or cost the same earlier this autumn . www . intelligentfin . tech
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