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Acer Buy Gateway Us $710m

A_Traveller
A_Traveller
in IT and Computers

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From BBC:-

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.

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