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Acer to Acquire Gateway for $710 million

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."

3 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: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.