M&A

TeamViewer shares plunge after $720m deal to buy 1E

By Frank Prenesti

Date: Tuesday 10 Dec 2024

(Sharecast News) - Shares in TeamViewer plunged on Tuesday as the remote-working software maker said it was buying 1E from Carlyle Group for $720m.
Carlyle bought a majority stake in 1E in 2021 with the company's founder, Sumir Karayi, keeping a significant minority stake. The company supplies real-time diagnosis, remediation and...

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