Taiwan's Acer to Acquire Gateway
August 27th, 2007 By ANNIE HUANG, Associated Press Writer
A Gateway computer is on display for retail sale at a Best Buy store in Los Angeles in this Aug. 23, 2006 file photo. Acer Inc. plans to acquire U.S. computer maker Gateway Inc. for $710 million in a deal that will push the Taiwanese company past China's Lenovo Group as the world's third largest vendor of personal computers. Acer said Monday, Aug. 27, 2007 it is offering to buy Gateway for $1.90 per share in a deal expected to close by December, pending regulatory approvals in Taiwan and the U.S. (AP Photo/Reed Saxon)
(AP) -- Acer Inc. plans to acquire U.S. computer maker Gateway Inc. for $710 million in a deal that will push the Taiwanese company past China's Lenovo Group as the world's third largest vendor of personal computers.
Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .
Similar stories from PHYSorg:
Lenovo reports losses as sales plummet (Update)
May 21, 2009 |
not rated yet |
0
PC makers voluntarily supply Web filter in China
Jul 02, 2009 |
not rated yet |
0
Lenovo Eliminating 1,400 Jobs
Apr 20, 2007 |
not rated yet |
0
Microsoft to Sell over $1 Billion in Software to Lenovo
May 11, 2007 |
3 / 5 (3) |
0
PC shipments slide in 1Q, HP tops Dell in US (Update)
Apr 15, 2009 |
not rated yet |
0
