Acer Inc. - Acquisitions

Acquisitions

On 27 August 2007, Acer announced plans to acquire its US-based rival Gateway Inc. for US$710 million. Acer's chairman, J.T. Wang, stated that the acquisition "completes Acer's global footprint, by strengthening our United States presence". Included in this acquisition was the eMachines brand.

In January 2008, Acer announced that it had acquired a controlling interest of 75% of Packard Bell.

In March 2008, Acer acquired: E-TEN In 2009, Acer acquired 29.9% of Olidata.

In October 2009, Acer passed Dell as the world's number 2 PC maker.

In August 2010, Acer and Founder Technology signed a memorandum of mutual understanding to strengthen their long term PC business cooperation.

In July 2011, Acer Inc. bought iGware Inc. for $320 million to try possible potentially lucrative cloud market. iGware creates cloud software and infrastructure tools for devices.

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