Acer's Gateway to the U.S. Market

If the deal is approved, the company will have computer brands for every price range. Dell and Hewlett-Packard, watch your backs

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.

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