TeamViewer AG, Ubimax GmbH - M&A Call Transcript
Hello. This is Oliver Steil. Welcome, and thank you for joining. I have Stefan Gaiser with me, our CFO.
Hello.
So thanks for joining today. Today, we would like to give you an update on a strategic acquisition that we've just signed which we thought might be interesting for you. So sorry for the short notice of invitation, but that's how the things went during the day.
So we decided today that we acquire Ubimax, a German-based technology player, technology start-up, with some decent size already in the field of augmented reality, wearable IT, IT at work and also moving into IoT technologies.
What they do, they have a solution which is called Frontline, which is effectively IT support based on wearables for frontline workers. This can be workers in production environment, in
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