Dec 10 (Reuters) - Teamviewer has signed a deal
to acquire the London-based IT firm 1E for an enterprise value
of $720 million, the German software company said on Tuesday.
Shares in the German firm were down 5% in pre-market trading
following the announcement.
Teamviewer, which signed the deal with Carlyle Europe
Technology Partners, part of Carlyle, said it expects the
transaction to close early next year.
The company expects a contribution of 10 million euros
($10.56 million) in 2026 and 25 million euros the year after,
its chief executive Oliver Steil said in a press call arranged
after the announcement.
1E develops products that detect IT issues, with Adidas
and AT&T ( T ) among those listed as customers on its
website.
($1 = 0.9467 euros)