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Acer buys Gateway; bumps to No. 3

Acer Gateway Taiwanese computer manufacturer Acer Inc. announced yesterday that it’s acquiring US-based Gateway Computers.

Once the acquisition is complete, it will put Acer as the no. 3 PC-maker worldwide.

The Gateway sale is pegged at $710 million, or $1.90 per share will help make the Taiwanese company a bigger player in the worldwide market, next only to Dell and Hewlett-Packard (HP). It will overtake Lenovo for that 3rd spot.

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. The acquisition is expected to close by December 2007. Gateway is the 4th largest PC brand in the US.

Official announcement published at Acer Global News Release.

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4 Responses to “Acer buys Gateway; bumps to No. 3”


  1. Gravatar Icon Jaypee replied on Aug 28th, 2007 at 9:32 am (1)

    This is good news as it means more competition for HP and Dell. As always competition is good for us consumers. :D

  2. Gravatar Icon jhay replied on Aug 28th, 2007 at 9:34 am (2)

    Hope it will mean cheaper Acer notebooks. :D

  3. Gravatar Icon Kiven replied on Aug 28th, 2007 at 3:21 pm (3)

    ohhhhh Gemstone….

  4. Gravatar Icon BrianB replied on Aug 28th, 2007 at 5:29 pm (4)

    Good, bagay silang dalawa.

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