Feeds

Software spin-off put on hold by Acer

Uncertainties plague yet another business venture by Taiwanese giant

  • alert
  • submit to reddit

Security and trust: The backbone of doing business over the internet

Acer has put plans for a software spin off on the back burner due to worries over the new arm’s profitability. The Taiwanese PC manufacturer has delayed plans to expand the division as a separate software company due to no guarantee over earnings for the venture. An Acer representative said: "We want the software division to be more mature and able to stand on its own," according to today’s Wall Street Journal. In February, Acer announced plans to form an independent software firm before the end of April. Today it was reported there was no longer "any fixed schedule" for the venture, and "not a lot of guarantee" about future profitability. The vendor had previously held high hopes for the software enterprise, hoping it would shift business towards this more lucrative area away from the lower margin PC hardware business. Acer had aimed to target business outside the group and create a separate culture from the hardware side. Acer chairman Stan Shih wants 30 per cent of net profit to stem from software sales by 2010. But last year saw a dismal $76.4 million from that business – a fraction of the company’s net income. ®

New hybrid storage solutions

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.