March 4, 2021 – TeamViewer, a provider of secure remote connectivity solutions and workplace digitization technology, has this week announced its acquisition of Upskill, a US-based provider of augmented reality (AR) software for frontline workers. Upskill’s ‘Skylight’ platform (shown below) allows companies to build scalable enterprise apps for wearable, AR, and mobile devices, enabling businesses to build digital workflow solutions that can feature real-time interfaces to support workers in industries such as aerospace, field service, inspection and audit, manufacturing, logistics, and more. The purchase price of the acquisition was not disclosed.
With Upskill’s presence on the North American continent, an engineering hub in Austin, TX, and blue-chip customers such as The Boeing Company, Merck KGaA, American Bureau of Shipping and Accenture, TeamViewer stated that it has strengthened its position as a global player in providing industry-specific AR solutions. The company started to strategically invest in the space in 2020 with the successful acquisition of Ubimax, which had customers including DHL, Siemens and Coca-Cola Hellenic Bottling Company.
Oliver Steil, CEO of TeamViewer, said: “Joining forces with Upskill is expanding our footprint in the space of vertical augmented reality solutions in our largest market, the US. I am happy to welcome the Upskill team that adds significant technical and solution delivery know-how to our US organization. Our joint AR teams now represent the world’s most experienced workforce in deploying wearable computing technology to the shop floor. By acquiring Upskill, we strengthen our capabilities in enabling digital transformation across all verticals and parts of the value-chain as the company is focusing on complementary use cases and industries such as aerospace, pharma & life sciences, insurance & claims management and retail. The enterprise AR market is huge and growing rapidly, and we are perfectly positioned to tap that potential.”
Brian Ballard, CEO of Upskill also commented: “We are very excited to join TeamViewer and to further shape the future of work. Combining with their strong sales and marketing capabilities and integrating with their AR and IoT solutions, we will reinforce our mission to upskill frontline workers and to enhance industrial processes through technology. Our existing customers will benefit from an accelerated product development roadmap, global reach, and additional solutions and features within the TeamViewer portfolio.”
Founded in 2010, Upskill has two locations in the US, one in Tyson’s Corner, VA and another in Austin, TX. TeamViewer stated that it plans to keep and grow these offices to expand its presence within the US and to build on Upskill’s partnerships within the US tech ecosystem.
Image / video credit: TeamViewer / Upskill / YouTube