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Wednesday August 29, 2007 12:15 pm
Acer to Purchase Gateway
Acer will be taking over Gateway in a $710 million deal. This move will make that company our planet’s third largest producer of PCs (hp and Dell being the first two.) Because Acer is mostly sold in the European and Asian markets and Gateway is predominate in the U.S., they are hoping that the merger will be able to ship in excess of 20 million units a year. The takeover should be completed by this December. Let us have a few moments of silence then for the little company-that-could and its humble cow splotches that became greedy, greedy, greedy.
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| BBC
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