Wednesday, January 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
YouTube Now Defaults to HTML5
HP Led The Notebook Market In 2014
New PlexTurbo Supports More SSD Models
Google Expands Its Fiber Internet Network
Fujitsu Technology Streamlines Network Operations
Nintendo Cuts Operating Profit Forecast On Slack 3DS Sales
ZTE Unveils The Blade S6 4G LTE Smartphone
Windows 10 Spartan browser To Get Extensions, Surface 2 Is Dead
Active Discussions
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
full screen wide screen
Hi
About the restriction problem of chapter quantity in DVD
 Home > News > PC Parts > Acer to...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, August 27, 2007
Acer to Acquire Gateway For 710 Million US Dollars


Taiwan's leading computer vendor Acer Inc said Monday it was ready to acquire all the outstanding shares of United States based Gateway Inc for 710 million US dollars.

"Acer will commence a cash tender offer to purchase all the outstanding shares of Gateway for 1.90 US dollars per share, which represents total equity value consideration of approximately 710 million US dollars," it said in a statement.

The acquisition has been unanimously approved by the board of directors of both Gateway and Acer and is expected to close by December 2007.

The acquisition will give Acer, which started in 1976 as a maker of PCs for other companies, rights to bid for Packard Bell BV in Europe, stymieing efforts by Lenovo to expand. Gateway, the fourth-biggest PC maker in the U.S., is reentering European and Asian markets after withdrawing from them in 2001 to cut costs.

Combined sales of Acer and Gateway will top $15 billion with shipments of more than 20 million PCs, the companies said. About $150 million will be saved from the merger, they said.


Previous
Next
Sonic Patent to be Included in HD DVD Portfolio License        All News        Mushkin Announces Availability of DDR3-1333 CAS 6 DIMMs
Sony Unveils New VAIO LT All-in-One PC     PC Parts News      Mushkin Announces Availability of DDR3-1333 CAS 6 DIMMs

Get RSS feed Easy Print E-Mail this Message

Related News
Acer Liquid Z200 Smartphones Debut in Japan
Acer Releases New Chromebooks For Education
CES: Acer Announces Large Chromebook, Gaming Monitors, Smartphones And More
New Acer Projector Delivers High Brightness, Short Throw Versatility
Acer Releases New B326HK 4K Display
Acer TravelMate B115 Released
Acer Reports Q3 Profit
Acer Aspire Switch 12 Offers 5 Modes in 1 Notebook
Acer Brings 4K Display to its V Nitro Black Edition Notebook PCs
Acer To Take On Apple Pay With Own Fingerprint Technology
Acer Partners with Octon for BYOC Solutions
Acer Debuts New Hybrids At IFA 2014

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .