August 27, 2007 4:44 AM PDT

Taiwan's Acer to buy Gateway

PC maker says it will acquire the struggling U.S. competitor for $710 million and pass Lenovo in global market share.

The story "Taiwan's Acer to buy Gateway" published August 27, 2007 at 4:44 AM is no longer available on CNET News.

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Another Corporate Suicide
The only winners on this are Acer and Gateway execs who have golden parachutes. Acer's "win" is questionable.
Posted by Renegade Knight (13748 comments )
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Re: Another Corporate Suicide
I hate to have to say it, but neither brand has ever really impressed me.

Charles R. Whealton
Charles Whealton @
Posted by chuck_whealton (521 comments )
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Still Junk
Acer is synonymous with "cheap" piece of junk. The acquisition of Gateway does NOTHING to change that. lol.
Posted by TBolt (70 comments )
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Sad News
Like millions who started with PCs in the 90's on a Gateway, I find this news sad. Of course the Gateway we knew back then had died several years ago, so it was inevitable that such a buyout would happen. Let's hope Dell and Hewlett-Packard can keep what's left of American PC making (or at least control when assembled overseas). At least my one experience with Acer was positive, a rugged 386 greyscale notebook at work.
Posted by jshale (37 comments )
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