August 2007

Acer to buy Gateway
Acer announced it has entered into an agreement to acquire Gateway. Under the terms of the agreement, Acer will purchase all outstanding shares of Gateway for US$1.90 per share in cash, which represents a total equity investment, and purchase price, of about US$710 million. Interesting how the remaining US computer companies either consolidate or sell out. Maybe it just doesn't make sense to essentially be just marketing companies that have everything built in Taiwan or China anyway. It should also be interesting how two companies that have been in the Tablet PC market for a while will handle their Tablet efforts. -- Posted Monday, August 27, 2007 by chb