TeamViewer slips after $720 mln deal to buy 1E

TeamViewer SE

10/12/2024 08:09

** Shares in TeamViewer  TMV.DE  slip around 3.5% after the
German software company said it has signed a deal to buy
London-based IT firm 1E for an enterprise value of $720 million
        ** "Big acquisition in sight will weigh on sentiment at
least," a local trader says
  
        ** If losses hold, the stock will see its worst day
since early November
  

 (Reporting by Bernadette Hogg)
 ((bernadette.hogg@thomsonreuters.com))