Acer To Acquire Gateway - 30th Aug 2007 11:04am
Originally Posted by BBC News
Taiwan's leading computer seller Acer is to take over US PC maker Gateway in a $710m (£352m) deal.
The takeover will create the world's third largest producer of personal computers, with shipments of more than 20 million PCs and sales of $15bn.
The deal may also see Acer try to block Chinese rival Lenovo from buying Packard Bell's operations in Europe.
Gateway has said it wants to buy Packard Bell under a 2006 first refusal deal agreed with its owner, John Hui.
The takeover will create the world's third largest producer of personal computers, with shipments of more than 20 million PCs and sales of $15bn.
The deal may also see Acer try to block Chinese rival Lenovo from buying Packard Bell's operations in Europe.
Gateway has said it wants to buy Packard Bell under a 2006 first refusal deal agreed with its owner, John Hui.
BBC News Report