Ekinops has signed an agreement to acquire Olfeo, a French cybersecurity software vendor focused on Security Service Edge (SSE) solutions. The deal adds EUR6.3m in ARR (>20% EBITDA margin) and is fully cash-funded. While the price remains undisclosed, Ekinops’ post-transaction net cash position
TeamViewer achieved (organic) pro-forma revenue growth of 7% in Q1 - with the acquired 1E business showing the stronger growth of +12% (cc). This was not well received by the market, as it reinforces the theory that the 1E acquisition is primarily intended to conceal deficits in organic growth. However, it should not go unmentioned that the Enterprise ARR (Annual Recurring Revenue) showed a decent increase of 20%(cc), which was stronger than the growth in 1E. We are therefore sticking to our 202...
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