Full FeedAcer buys Gateway
We have had some recent reports that Acer has been growing, but up until now I just can’t seem to still think of them as anything but another little guy. That has just changed, since Acer has purchased Gateway for $710 million, which is set to double Acer’s current 5.2% market share.
The deal is expected to be completed in December and has already had the approval of both Acer and Gateway boards. Gateway shares have seen a 99% decrease since 1999, however it seems most people still know Gateway for the famous cow spot boxes, and according to the CEO of ACER those will remain.
Read [jkOnTheRun]
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Uh, this “little guy” is one of the dominant names in the far east, both as a brand and as a manufacturer for other names. More than ten years ago they came to the US with the cleanest internal designs (they looked like PS/2s, not the snarl of parts in a Compaq or HP), advanced components (PS/2 keyboards and mice!), and great service.
Gateway owners will be happy.
on August 30, 2007 at 12:15 AM - LINK