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Acer buys Gateway



 

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Kotik
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Joined: 23 Aug 2004
Posts: 1098
Location: Sweden

PostPosted: Thu Aug 30, 2007 10:28 pm    Post subject: Acer buys Gateway Reply with quote

Both parties have agreed on the deal. Acer will be buying Gateway. The papers and transactions should be complete by around December 2007.

"Acer Inc. (TWSE:2353), one of the world's leading branded PC vendors, announced today it has entered into a definitive agreement to acquire Gateway, Inc. (NYSE: GTW). Gateway is the fourth largest PC company in the US and a leading retail PC provider. The combination will create a multi-branded PC-company with over US$15 billion in revenues and shipments in excess of 20 million PC units per year."
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