IPO values screensharing app maker Teamviewer at 578B

BERLIN — Teamviewer, the maker of the eponymous screen sharing and conferencing software, has made the biggest initial public offering for a German tech company since the dot-com boom.Shares in Goeppingen-based Teamviewer began trading at 26.25 euros ($28.88) on the Frankfurt exchange Wednesday, valuing the company at 5.25 billion euros ($5.78 billion).Up to 42% of Teamviewer’s stock, or 84 million shares, are being offered publicly.Teamviewer’s owner, Britain-based investment firm Permira, bought the company for 870 million euros in 2014 and will retain a stake of at least 58%.The company provides a free version of its software and a premium version with about 368,000 subscribers.Teamviewer has about 800 employees, about half of which work at its offices in Goeppingen, outside the southwestern city of Stuttgart.The Associated Press read more

Rosie HuntingtonWhiteley announces birth of first child with actor Jason Statham

first_imgModel Rosie Huntington-Whiteley has welcomed her first child with actor Jason Statham.The British star announced the news by posting a picture of her new-born son – named Jack Oscar Statham – grabbing her finger on Instagram. They announced they were expecting their first child together in February this year, as the model posted a snap of herself showing off her baby bump while on a beach.At the time, she wrote: “Very happy to share that Jason and I are expecting!! Lots of love Rosie x.”Huntington-Whiteley’s estimated earnings for last year were believed to be nine million US dollars (£6.9 million).She has previously modelled for lingerie giant Victoria’s Secret, and she has her own underwear range, Rosie For Autograph, with Marks and Spencer.Away from the runway, Huntington-Whiteley has appeared in films including Transformers: Dark of the Moon and Mad Max: Fury Road.Statham is best known for his typical hard-man roles in various Guy Ritchie films, including Snatch and Lock, Stock And Two Smoking Barrels. Along with the image, Huntington-Whiteley wrote: “Our little man arrived!”Jack Oscar Statham 8.8lbs on Saturday June 24th.”The 30-year-old catwalk star and actress included an angel and a heart emoji with her sweet message.The Plymouth-born model has been in a relationship with Statham, 49, since 2010, and the pair confirmed their engagement in early 2016. Rosie Huntington-Whiteley shows off her bump to model Alessandra AmbrosioCredit:Kevin Mazur/VF17/WireImagecenter_img Rosie Huntington-Whiteley shows off her bump to model Alessandra Ambrosio Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings.last_img read more