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Acer-Gateway Merger Brings Employee PC Ownership One Step Closer | |
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| Time: 16:13 EST/21:13 GMT | News Source: | Posted By: Michael Dragone | ||
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The back story behind the recent announcement of Acer’s purchase of Gateway’s is interesting drama. It seems that Lenovo was going to buy Packard Bell in Europe as a cornerstone for moving into the European consumer market. To get there, it had to effectively out-bid Acer, which in the case of a Chinese versus a Taiwanese company, would have been very embarrassing. Acer found out, likely from the ex-Gateway CEO, that Gateway had the rights to buy Packard Bell. Acer has been signaling a stronger return to the United States for some time (I predicted it back in 2004) and was able to effectively kill two birds with one stone with this move. |
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