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    TMV   DE000A2YN900


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PRESS RELEASE : TeamViewer AG: TeamViewer and SAP partner to drive innovation and digital transformation in industrial environments

06/14/2021 | 04:02am EDT
DGAP-News: TeamViewer AG / Key word(s): Alliance 
TeamViewer AG: TeamViewer and SAP partner to drive innovation and digital transformation in industrial environments 
2021-06-14 / 10:00 
The issuer is solely responsible for the content of this announcement. 
TeamViewer and SAP partner to drive innovation and digital transformation in industrial environments 
TeamViewer's Augmented Reality based workplace digitalization suite Frontline will be integrated into SAP solutions and 
included into SAP's partner program 
Goppingen, June 14, 2021: TeamViewer, a leading global provider of remote connectivity and workplace digitalization 
solutions, today announced a new partnership with SAP. The companies are joining forces to drive the digital 
transformation of workplaces and processes in industrial environments. The partnership will help to better address the 
fast growing need of customers for enhanced, outcome-based services. It includes a technical integration of TeamViewer 
Frontline, an Augmented Reality (AR) based workflow and remote support suite for deskless workers, into SAP's solutions 
for asset and service management as well as a joint go-to-market strategy with TeamViewer joining SAP's partner 
Stefan Krauss, SVP & GM Discrete Industries and Energy & Natural Resources at SAP, explains: "With SAP's recent launch 
of industry cloud, we simplify access to innovative vertical solutions - built by SAP and our partners on an open 
platform. TeamViewer's AR suite Frontline is helping to create great additional value for our customers as it enhances 
deskless workers' daily tasks with intelligent technology. AR-based processes can significantly increase productivity, 
reduce human errors, and machine downtime and therefore decrease costs. We are looking forward to the partnership with 
TeamViewer to accelerate digitalization in discrete manufacturing industries." 
Alfredo Patron, EVP Business Development at TeamViewer, says: "Joining the SAP partner program is a strong testimonial 
of our recent investments and successes in the enterprise segment. It is the beginning of a long-term cooperation with 
the shared goal of enabling digital transformation of business-critical processes along the entire value chain. Through 
this partnership, we can jointly help customers accelerate their digitalization and bring innovation all the way to 
frontline workers at a global scale. Because of the technical integration of TeamViewer Frontline into SAP's solutions 
for asset and service management, customers will benefit from cutting-edge Augmented Reality technology, great 
usability and the opportunity for a seamless experience." 
First joint use cases of the partnership will include remote AR-based, fast, and precise troubleshooting for 
maintenance and repair scenarios at SAP customers in industrial machinery and component manufacturing. Running on 
wearables like smart glasses, TeamViewer Frontline and its dedicated AR-based remote assistance solution allows remote 
experts to guide on-site workers in real time through complex processes without having to travel. The integration will 
ensure full auditability as all actions will be logged in the SAP software system automatically. These first use cases 
will be part of all worldwide go-to-market activities within the partnership. 
TeamViewer Frontline is already used by international blue chip companies, such as Deutsche Post DHL, BMW, and 
Coca-Cola Hellenic Bottling Company. 
More information about this strategic partnership can be found in this video, featuring Stefan Krauss (SVP & GM 
Discrete Industries and Energy & Natural Resources at SAP), Dieter Hässlein (SVP & Head of Product Unit SAP S/4HANA 
Asset & Service Management at SAP), Alfredo Patron (EVP Business Development at TeamViewer) and Hendrik Witt (CPO at 
About TeamViewer 
TeamViewer is a leading global technology company that provides a connectivity platform to remotely access, control, 
manage, monitor, and repair devices of any kind - from laptops and mobile phones to industrial machines and robots. 
Although TeamViewer is free of charge for private use, it has more than 600,000 subscribers and enables companies of 
all sizes and from all industries to digitalize their business-critical processes through seamless connectivity. 
Against the backdrop of global megatrends like device proliferation, automation and new work, TeamViewer proactively 
shapes digital transformation and continuously innovates in the fields of Augmented Reality, Internet of Things and 
Artificial Intelligence. Since the company's foundation in 2005, TeamViewer's software has been installed on more than 
2.5 billion devices around the world. The company is headquartered in Goppingen, Germany, and employs more than 1,400 
people globally. In 2020, TeamViewer achieved billings of EUR 460 million. TeamViewer AG (TMV) is listed at Frankfurt 
Stock Exchange and belongs to the MDAX. Further information can be found at www.teamviewer.com. 
Press Contact 
Martina Dier 
Director, Communications 
Phone: +49 (0) 7161 97200 10 
E-Mail: press@teamviewer.com 
TeamViewer: Certain statements in this communication may constitute forward looking statements. These statements are 
based on assumptions that are believed to be reasonable at the time they are made, and are subject to significant risks 
and uncertainties, including, but not limited to, those risks and uncertainties described in TeamViewer's disclosures. 
You should not rely on these forward-looking statements as predictions of future events and we undertake no obligation 
to update or revise these statements. Our actual results may differ materially and adversely from any forward-looking 
statements discussed in these statements due to several factors, including without limitation, risks from macroeconomic 
developments, external fraud, lack of innovation capabilities, inadequate data security and changes in competition 
levels. All stated figures are unaudited. 
SAP: Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. 
Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and 
uncertainties described in SAP's filings with the U.S. Securities and Exchange Commission ("SEC), including its most 
recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions 
readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which 
speak only as of their dates. All other product and service names mentioned are the trademarks of their respective 
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered 
trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark 
information and notices. 
2021-06-14 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:     English 
Company:      TeamViewer AG 
              Bahnhofsplatz 2 
              73033 Göppingen 
Phone:        +49 7161 97200 81 
Fax:          +49 7161 60692 335 
E-mail:       ir@teamviewer.com 
Internet:     www.teamviewer.com 
ISIN:         DE000A2YN900 
WKN:          A2YN90 
Indices:      MDAX, TecDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1207559 
End of News   DGAP News Service 

1207559 2021-06-14

Image link: 

(END) Dow Jones Newswires

June 14, 2021 04:01 ET (08:01 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
BMW AG -1.40% 83.88 Delayed Quote.16.13%
TEAMVIEWER AG -3.21% 28.35 Delayed Quote.-35.32%
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Sales 2021 529 M 628 M 628 M
Net income 2021 86,0 M 102 M 102 M
Net Debt 2021 276 M 328 M 328 M
P/E ratio 2021 70,5x
Yield 2021 -
Capitalization 5 700 M 6 762 M 6 765 M
EV / Sales 2021 11,3x
EV / Sales 2022 8,47x
Nbr of Employees 1 378
Free-Float 80,0%
Duration : Period :
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Technical analysis trends TEAMVIEWER AG
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Income Statement Evolution
Mean consensus BUY
Number of Analysts 15
Last Close Price 28,35 €
Average target price 45,72 €
Spread / Average Target 61,3%
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Managers and Directors
Oliver Steil Chairman-Executive Board & CEO
Stefan Markus Gaiser Chief Financial Officer
Abraham Peled Chairman-Supervisory Board
Mike Eissele Chief Technology Officer
Karl Markgraf Chief Operations Officer
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