We are extremely proud Manchester United picked us as partner in their ongoing technology journey. With Manchester United and TeamViewer, two global winning teams join forces: Together as Team United we can bring the fan experience in the legendary Theatre of Dreams to a new level. Oliver Steil, TeamViewer Chief Executive Officer, said: “We are very excited about this partnership, as it will significantly expand our brand positioning and it will help us to market our comprehensive solutions portfolio to all customer segments globally. We are looking forward to working with TeamViewer to bring to life our vision for a partnership built on smarter ways of connecting people and businesses.” The ability to connect and collaborate has never been more important to the world and our community of 1.1billion fans and followers. Richard Arnold, Managing Director, Manchester United, said: “We are tremendously proud to be establishing this partnership with one of the most exciting and dynamic global software companies. The company’s ambitions to harness technology to build bridges among people and businesses, and enable digital progress for everyone, makes it the ideal fit for a football club which has created a global community of fans spanning cultures and continents. The option has been previously reported.Germany-based TeamViewer has been installed on over 2.5billion devices, has nearly 600,000 subscribers, and operates in almost all countries globally. A previous version was corrected to reflect that Manchester United has the option to buy back shirt rights. (Updates with company comments from their financial report throughout. The software company also projected revenue for the year above analyst expectations and announced plans to buy back as much as €150 million ($161 million) in shares. Read More: TeamViewer Soars on Buyback Plan and Sales Outlook: Street Wrap Manchester United today announced that it has signed a new five-year agreement with the global technology company TeamViewer as its principal shirt partner. Plus, you can remotely connect to servers, commercial-grade machines, and. TeamViewer lets you remote in to computers or mobile devices located anywhere in the world and use them as though you were there. in Frankfurt on Tuesday, after earlier gaining as much as 18%, the biggest intraday increase since November. TeamViewer is a comprehensive, remote access, remote control and remote support solution that works with almost every desktop and mobile platform, including Windows, macOS, Android, and iOS. Read More: Petrus Urges TeamViewer to End Man Utd, F1 Deals Early Petrus disclosed a stake of just below 3% in TeamViewer in November. Under the terms of the deal, Manchester United will look for a new sponsor for the front of its shirts and TeamViewer will “transition out of this role as soon as practicably possible.”Īctivist fund Petrus Advisers called TeamViewer’s deals with Manchester United and the Mercedes Formula 1 racing team “appalling judgment.” Media reports had pegged the value of the football deal at about £47 million ($56.6 million). The company reached an agreement late last year to cut short the sponsorship, which was originally slated to go through 2026. TeamViewer wants to remain a “global partner,” but at a level “that’s significantly cheaper than what we had up until now,” Chief Executive Officer Oliver Steil said in a call with journalists on Tuesday. Take an exclusive, behind-the-scenes look at the brand new 2022/23 home kit shoot with the Inside View brought to you by TeamViewer.Subscribe to Manchester U. (Bloomberg) - TeamViewer AG said that if Manchester United exercises an option to end the pricey sponsorship deal, the company could see “significant upside” to its margin beyond 2023 after forecasting stagnant growth this year.
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