Feeds

Acer acquisition will be bigger than a breadbox, smaller than Gateway

Oh, you tease ...

The essential guide to IT transformation

Acer still won't say which PC vendor it plans to acquire, but it will give us a few hints.

When chief executive JT Wang said last month that Acer was looking at acquiring a company as a part of its plan to overtake Lenovo, professional speculators first bet on Gateway computers. The news sent Gateway shares up 18 per cent from the beginning of March to a 52-week high at $2.40 per share.

That guess was way off. Gateway quickly denied the rumor , and Acer has now followed suit.

At an investor conference in Taipei today, Wang threw the public another bone. Today's clue: It's a small company and "not in the United States".

So that narrows it down to about 193 countries...minus the non-industrialized folks...carry the one...

This one's a toughie.

Regardless of the buy, Acer has already succeeded in its plan to outstrip Lenovo. Earlier this month, market share analyst Gartner reported that Acer shipments increased 48 per cent its first quarter, bumping Acer past its long-time rival to third place position in worldwide sales. In it's first quarter, Acer's shipments reached 4.28 million to grab 6.8 per cent of the PC market. Lenovo nabbed 3.97 million for a close-but-no-cigar 6.3 per cent of the market.

PC World reports that Acer execs at the Taipei conference forecast increasing PC shipments by 30 to 40 per cent year-on-year in 2007.

Acer's attempts to climb the market mountain have recently hit a stumbling block courtesy Hewlett-Packard standing atop the summit. The market leader recently sent not one but two patent lawsuits rolling down to stop Acer making gains in the US market. ®

Boost IT visibility and business value

More from The Register

next story
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
Apple's iWatch? They cannae do it ... they don't have the POWER
Analyst predicts fanbois will have to wait until next year
AMD unveils 'single purpose' graphics card for PC gamers and NO ONE else
Chip maker claims the Radeon R9 285 is 'best in its class'
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Apple to build WORLD'S BIGGEST iStore in Dubai
It's not the size of your shiny-shiny...
Just in case? Unverified 'supersize me' iPhone 6 pics in sneak leak peek
Is bigger necessarily better for the fruity firm's flagship phone?
Steve Jobs had BETTER BALLS than Atari, says Apple mouse designer
Xerox? Pff, not even in the same league as His Jobsiness
Leak: Intel readies next round of NUC
Cheap boxen to get a refresh
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
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?