With a smaller user base, problems and glitches that come up in the software are fixed much slower. UltraViewer is much smaller software compared to its competitors, meaning it has a smaller user base. You can also take control back at any time and vice versa, allowing trust to be built and safety to be ensured. The software also offers support for file transfers between linked computers. This service allows for easy access to both IT and management. By inputting your partner’s ID and password, you can control their computer and share screens so they can see what you’re doing as you do it. Shares in the group have gained more than 70% since they started trading last year and Permira in March already sold an 11% stake worth 700 million euros to cash in on the performance.UltraViewer is designed to allow users to control each other's computers through each user's UltraViewer software. TeamViewer this week reported a 75% jump in first-quarter billings as people around the world used its remote connectivity services to work from home during the coronavirus pandemic.
Its shares were down 5.9% in early trade on Thursday. With the placement of the 25 million shares, Permira cuts its stake in TeamViewer TMV.DE to 39% from 51.5%. MUNICH (Reuters) - Private equity investor Permira lowered its stake in German software company TeamViewer by selling shares to institutional investors at 41 euros apiece, it said late on Wednesday, giving it proceeds of 1.03 billion euros ($1.1 billion). FILE PHOTO: Oliver Steil, Chief Executive Officer of software company TeamViewer AG, Joerg Rockenhaeuser of Permira and Stefan Gaiser, Chief Financial Officer of TeamViewer attend TeamViewer's initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt, Germany, September 25, 2019.
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