Tuesday, August 28, 2007

Acer takes over Gateway

Gateway's business model was one of the many case studies we discussed during our MBA classes about 7 years ago. Even during those days, it was facing serious competition from other computer manufacturers, especially Dell which took it's made-to-order philosophy and improved on it. This company was founded in 1985 in an Iowa farmhouse and was famous for it's black and white spotted boxes.

Learnt today that it has been acquired by Acer Inc. for $710 million. This makes the Taiwanese company, the third largest computer company in the World after Hewlett-Packard and Dell Inc., overtaking China's Lenovo Group Ltd.

Read the full press release: Acer to Acquire US-Based Gateway, Inc., Solidifying Acer's Position as the #3 Largest PC Company in the World


David Chen said...

That is a good news! I have been both the avid user between Dell and Gateway for awhile now while moving toward Toshiba based system. But I would say that Gateway and Dell are the two of the modern successful computer based manufacture that thought out of box which made them today! With the Acer acquiring Gateway, now it sure destined for better competitiveness. As a Taiwanese myself, I am proud of Acer for such investment and hope that it will continue to innovate the way Gateway had started!

Anonymous said...

From the Pit Blog @ PC Pitstop:

Former GTW Vice President Rips Current Management


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