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Acer to Acquire Gateway for $710 million

Posted by ScuttleMonkey on from the bargain-shopping dept.

downix writes "On the way into work today, I heard about Acer buying Gateway. A bold move strategically, I wonder what consequences this will have for Gateway's employees and customers. As the purchase price was at $1.90 per share, those of us that purchased Gateway shares a few years ago are reminded just how far it has fallen."

14 of 222 comments (clear)

  1. Customers? by ThePolkapunk · · Score: 5, Funny

    "I wonder what consequences this will have for Gateway's employees and customers."

    Gateway has customers?!

    --
    Dear diary: Today I stuffed some dolls full of dead rats I put in the blender.
    1. Re:Customers? by eln · · Score: 5, Funny

      It's even funnier than that. According to the article, Acer only bought Gateway because Lenovo beat them to their first buyout target: Packard Bell!

      So apparently their goal was to buy the shittiest computer company in existence, but they were stymied in that goal so they bought the second shittiest. Personally, I was surprised to see that both Packard Bell and Gateway still existed, but I guess when the CEO of Acer finds extra change in his couch cushions, he has to spend it on something.

    2. Re:Customers? by broggyr · · Score: 2, Funny

      I sure hope they didn't consume their computers - would be bad for digestion ;)

      --
      Irony? Yea, it's like goldy and bronzy, only it's made of iron!
    3. Re:Customers? by heinousjay · · Score: 3, Funny

      My statement does not conflict with yours either.

      This is nice, it's like Slashdot only happy and sweet.

      --
      Slashdot - where whining about luck is the new way to make the world you want.
    4. Re:Customers? by torrentami · · Score: 4, Funny

      I guess Wang Computers wasn't available.

    5. Re:Customers? by TekPolitik · · Score: 2, Funny

      So apparently their goal was to buy the shittiest computer company in existence, but they were stymied in that goal so they bought the second shittiest.

      They bought themselves?!?!?!

  2. two wrongs don't make a right by Anonymous Coward · · Score: 3, Funny

    what are they trying to do, build the suckiest computer evar?

    1. Re:two wrongs don't make a right by jcr · · Score: 2, Funny

      Wow, talk about damning with faint praise...

      -jcr

      --
      The only title of honor that a tyrant can grant is "Enemy of the State."
    2. Re:two wrongs don't make a right by S.O.B. · · Score: 3, Funny

      Several years ago my mother bought a Gateway, and that was when I learned to use a PC. It was a P133, with 32MB RAM and a 1.5GB hard drive, and it ran Windows 95 (go ahead and laugh, I know I do when I think about it).


      More than several years ago (24 years ago to be exact) I worked on a brand new IBM XT with an Intel 8088 running at 4.77MHz, 128KB of RAM and a 10MB hard drive. It ran IBM DOS 2.1. In modern terms that would be a 0.00477 GHz processor with 0.000128GB of RAM and a 0.010GB hard drive. When I think about it I don't laugh...I cry.
      --
      Some of what I say is fact, some is conjecture, the rest I'm just blowing out my ass...you guess.
    3. Re:two wrongs don't make a right by turnipsatemybaby · · Score: 2, Funny

      Whoa... you had a hard drive?

      I didn't even get that much. I had two floppy drives and that's it.

      Cue the "luxury" jokes in 3...2...1...

    4. Re:two wrongs don't make a right by Anonymous Coward · · Score: 3, Funny

      You guys are so lucky! In my time this type of threads were considered LAME!

  3. Wonderful news by Stanistani · · Score: 2, Funny

    They have the potential to be the next Packard Bell.

    --
    You can't talk about Wikipedia's flaws on Wikipedia
  4. Re:Gateway after sales service sucks by Waffle+Iron · · Score: 5, Funny

    I had one of their Ferrari 3200 laptops

    Ah yes, combining the prestige of a Taiwanese electronics OEM with the affordability and reliability of an Italian sports car manufacturer. It's a match made in heaven.

  5. What? This was perfect execution! by raehl · · Score: 2, Funny

    Apparently you've never been to a no-Computer store before. It wouldn't be a very good no-Computer store if it had computers there now, would it?

    And Gateway's no-Computer stores succeeded beyond their wildest expectations, selling record numbers of no-Computers!

    It's rare that a company can conceive and execute a new strategy like this so successfully. In fact, the Gateway no-Computer stores were SO successful, they even increased the no-Computer sales on the web sales side!

    By buying Gateway, Acer is hoping to extend Gateway's no-Computer sales model to also sell no-Servers, along with no-Monitors and no-Projectors.

    --
    paintball