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Acer to Acquire Gateway
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Posted by Donster on: 2007-08-27 13:24:16 450
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By Brandon Hill @ DailyTech
There is big news out of the computer world today. Acer today announced that it has reached a definitive agreement to purchase U.S.-based Gateway, Inc. Gateway is currently ranked as the fourth largest PC manufacturer in the U.S. with shipments of over 20 million PCs per year.
The acquisition is estimated to be valued at $710 million USD ($1.90 per share) and is expected to be finalized in December 2007.
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News Source: Email
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