Lenovo slides on Gateway deal
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Shares in Lenovo , the world's third largest PC maker, slid more than 2 percent after news that U.S. rival Gateway  will try to block the Chinese firm's effort to buy European-focused Packard Bell.
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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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Moo moos investor concerns over Gateway Computer maker Acer is looking into the possibility of a Chinese acquisition following its decision to buy US-based Gateway.â¦
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IBM has reached an agreement in principle to sell its personal computer business to Lenovo, China&#39;s largest PC maker, in a deal valued at between $1 billion and $2 billion, people close to the negotiations said Monday.
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Acer Inc. executed a master stroke in the global war for PC market share withÂ its US$710 million purchase of Gateway Inc., but it may take a while for the market to see the light.
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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  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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By Bloomberg, AP and Staff Reports  Gateway Inc., the third-largest personal computer company in the United States, said Friday that it rejected an unsolicited $450 million bid for its retail business from eMachines Inc. founder Lap Shun Hui.
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Despite the announcement that Gateway will acquire Packard Bell, Chinese computer manufacturer Lenovo said Tuesday that it will not completely give up on attempts to acquire the company itself.
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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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HONG KONG : Shares in China&#39;s largest personal computer-maker Lenovo fell in Hong Kong trade, as they resumed trading after the company&#39;s purchase of American IBM&#39;s PC-making business.
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Computer manufacturer sells new line through major retail centers in bid to return to profitability. SAN FRANCISCO  - PC manufacturer Gateway Inc.
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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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Personal computer maker Gateway  Inc. GTW.N on Thursday posted a net loss that narrowed from a  year earlier and bettered its own forecast, helped by higher PC  sales and lower costs.
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You didn't get our email? IBM hit Lenovo with a jarring share sale, unloading $123m of stock in the PC maker.â¦
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The first in a new series of desktop PCs from Gateway will become available later this week, says the company.
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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.