Taiwan's Acer to buy Gateway, foils Lenovo
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TAIPEI/SHANGHAI  - Taiwan's Acer  will buy Gateway  for $710 million, creating the world's No. 3 PC maker and doubling its U.S. presence while dealing a blow to arch-foe Lenovo's  efforts to grow in Europe.
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Taiwanese PC vendor Acer Inc. has started selling laptop PCs at popular retailer Best Buy Co. Inc., expanding its presence in the U.S. market.
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TAIPEI, Taiwan - Taiwan personal computer vendor Acer Inc. expects its computer shipments to increase 30-40 percent this year, a reduction from previous sales forecasts.
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Dell decided against bidding for Gateway, but may buy its way into other markets, CEO says.
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TAIPEI/SHANGHAI  - Taiwan's Acer Inc will buy  Gateway Inc for $710 million to double its U.S. presence and  unseat China's Lenovo as the world's No. 3 PC maker, while  dealing a blow to its efforts to grow in Europe.
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IRVINE, Calif. -- Gateway Inc., a struggling computer maker that has accepted a buyout offer from a Taiwan-based company, said Wednesday it will sell its professional business unit to MPC Corp. in a deal valued at about $90 million.
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Retailer will begin offering Gateway notebook and desktop PCs next month.
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Yahoo Inc. YHOO.O has signed a   multiyear distribution deal to feature its Internet search   services on all personal computers from Taiwan's Acer Inc.   2353.TW, the world's No. 4-ranked computer notebook maker,   the companies said on Wednesday.
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(InfoWorld) - YahooÂ reached a deal for prime real estate on all Acer PCs shipped globally, with a co-branded toolbar, homepage, and search engine, the companies said Wednesday. In a deal that extends the battle for the PC among Internet companies, Acer laptops and desktops shipped from Oct. 1 will direct users to an Acer-Yahoo homepage when they click on a Web browser, complete with Yahoo portal content such as the Yahoo search engine, news, music, sports and the Yahoo Personal Assistant. The pact mirrors anÂ agreement between Dell and GoogleÂ earlier this year, and ups the ante with MicrosoftÂ and other companies battling to drive PC users to their Internet-based services. The PC desktop has become a battleground for companies fighting to increase their brand awareness and Internet ad revenue. The comingÂ launch of Windows VistaÂ highlights the issue because Microsoft is moving toward putting more and more Internet capabilities, such as search, on its OS, which would make it the first item users see when they boot up their computer. In May, Dell agreed to install Google homepage and search tools on all desktops and notebooks shipped to consumers and small and medium-size businesses worldwide, effectively kicking Microsoft out of a position it has occupied for years. The Yahoo, Acer deal does essentially the same thing, and while Acer isn't nearly the size of Dell, it is the fastest growing PC vendor among the top 10, and is based in Asia, the fastest growing PC market in the world, according to market researcher IDC. Yahoo and Acer referred to the agreement as a multi-year deal, but did not specify how many years, nor whether it would involve any kind of revenue sharing. Acer will factory-install the co-branded toolbars and homepages on all of its desktops and laptops, the companies said. Once Microsoft launches Internet Explorer 7, Acer will set Yahoo as the default search engine for IE7 on all of its computers. Neither Yahoo nor Acer representatives were immediately available for comment.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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By Franklin Paul NEW YORK  - Gateway Inc.  on Monday said it would return to its roots as a personal computer company, backing off on an aggressive strategy of expanding into TVs, digital cameras and other gadgets in a move to return to profitability.
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The landmark PC deal between IBM and the China-based Lenovo Group is expected to lead to a redistribution of OEM desktop- and notebook-PC orders among Taiwan makers, the Chinese-language Economic Daily News (EDN) reported today.
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Gateway Inc. , the computer  maker that recently shuttered its chain of 188 stores, will  begin selling its desktops at CompUSA Inc.'s outlets later this  week, the two companies said on Monday.
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China's largest personal computer maker, Lenovo Group Ltd. (0992.HK), said on Wednesday it is buying control of IBM's PC-making business for &#36;1.25 billion, capping the U.S. tech giant's gradual withdrawal from the business it helped pioneer in 1981.
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Taiwanese PC vendor Acer predicts its PC shipments will grow as much as 35 percent this year led by a strong notebook PC market, a pace of growth that could see the company challenge U.S. rivals by the end of this year.Acer&#39;s revenue grew 25 percent last year to NT$461.7 billion (US$14.42 billion) and the company made inroads to the world&#39;s largest PC market, the U.S., by acquiring Gateway. The revenue figure is preliminary and only includes Gateway&#39;s last two and a half months of the year because the merger process took place late in the year.Acer bought Gateway&#160;for US$710 million last year.But the figures and PC shipments had a tremendous impact on Acer&#39;s global PC rankings in the final three months of 2007.The company took a solid third place in global PC shipments last year,&#160;topping Chinese rival Lenovo and gaining ground on Dell. Acer&#39;s global PC shipment market share during the fourth quarter of 2007 reached 9.6 percent in the fourth quarter, up 60 percent over the same time a year earlier, according to IDC, the industry researcher.Lenovo, which had been jockeying for third place with Acer all year, fell to fourth with a 7.5 percent share of the global market. HP retained its first place ranking with 19 percent market share, while Dell remained firmly in second place at 14.6 percent.&quot;Combined Acer/Gateway growth continued to be the fastest among the top vendors and is a very solid performance for the first quarter of merged operations,&quot; IDC said in a statement. &quot;Acer also clearly established itself as the third largest vendor, overtaking Lenovo, and seems to be handling the Gateway integration quickly,&quot; the statement says.This year, Acer forecast its PC shipments overall will rise between 30 percent and 35 percent, led by 40 percent shipment growth in notebook PCs. Such strong growth could help the company challenge Dell, which saw its PC shipments grow only 1.7 percent in 2007, according to figures from Gartner. The market researcher put Acer&#39;s shipment growth last year at 32.9 percent for the year.Acer&#39;s chairman, J.T. Wang, predicted last October that Acer could take up to a 12 percent share of the global PC market, putting it in the position to challenge Dell.Acer&#39;s net profit was NT$12.9 billion in 2007, up from NT$10.2 billion a year earlier. The company&#39;s 2007 figures are all preliminary, Acer said. Final results will be published later.&#160;
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Acer's deal to acquire Gateway for $710 million has derailed Lenovo's plans to acquire Packard Bell.
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By The San Diego Union-Tribune  Sep. 6--The former owner of eMachines said yesterday he is reviewing his  options since Gateway rejected his $450 million offer to buy its retail  operations.   Lap Shun "John" Hui made the bid Aug. 23 to buy Gateway's retail  business.
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Acer plans to buy the U.S. computer maker for $710 million in a deal that will push it past Chinaâs Lenovo Group to become the worldâs third largest PC vendor.