Gateway = Acerway

Acer Buys Gateway, and Maybe Packard Bell, Too
Published: August 27, 2007

by Timothy Prickett Morgan

The consolidation in the IT industry may be slowed somewhat from the financial jitters the world's economies are suffering from, but that doesn't mean that companies are giving up on acquiring rivals to extend their reach and future potential to wring profits from customer bases. Taiwanese PC maker Acer has made no secret about the fact that it wants to be a dominant player in the PC racket. Which is why the company is going to shell out $710 million to buy American PC maker and the original direct PC suppler, Gateway.