TeamViewer to Acquire Carlyle-Backed 1E for $720 Million (4)

TeamViewer SE, a maker of remote-working software, agreed to buy 1E from Carlyle Group Inc. for $720 million.

The acquisition — TeamViewer’s biggest ever — is expected to close in early 2025 after regulatory approvals are obtained, the Goeppingen, Germany-based company said in a statement Tuesday, adding that the move increases its footprint in North America. 1E’s US customersinclude HP and Nike Inc.

TeamViewer’s shares fell as much as 14% on Tuesday in their biggest intraday decline in more than a month. Shares have lost 22% this year, giving the company a market value of about €1.9 ...