The application seems to crash immediately. Task Manager doesn't show it as a running process. Choosing to run Teamviewer as Administrator has no effect. Reinstalled twice. No effect. I used Revo Uninstaller to make sure the reinstalls were clean.
I have had similar problem with other software (Not TV). It turned out that by having another device plugged into a USB port was causing the problem. In this case a MagicJack USB drive was the culprit. You might try removing all devices from the USB ports and trying again. It's a shot in the dark, but easy to do. Good Luck.