Acer's Gateway to the U.S. Market
For a company on the ropes, PC maker Gateway (GTW) will probably go a long way in helping its new owner take a swing at bigger rivals Hewlett-Packard, Dell, and Lenovo. By snapping up Gateway for $710 million, Taiwanese PC maker Acer gains a bigger toehold in the U.S. market dominated by HP (HPQ) and Dell (DELL) and is poised to expand in Europe, where China's Lenovo Group (LNVGY) has been eager for growth.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.