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Teamviewer acquires London-based 1E in $720-million deal

  • Teamviewer has signed a deal to acquire the London-based IT firm 1E for an enterprise value of $720 million, as stated by the German software company on Tuesday.
  • Shares in Teamviewer were down 5 percent in pre-market trading following the announcement of the acquisition.
  • Chief Executive Oliver Steil stated that Teamviewer expects a contribution of 10 million euros in 2026 and 25 million euros in the following year from 1E.
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