Acer-Gateway Merger Complete

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Acer announced today that it has completed the merger of its indirect wholly owned subsidiary with Gateway. Gateway's common stock was suspended from trading on New York Stock Exchange as of the close of yesterday's business day.

As a result of the merger, all outstanding shares of Gateway common stock other than shares as to which appraisal rights are perfected under Delaware law, were converted into the right to receive $1.90 US in cash per share.

Acer ranks as the world’s No. 4 branded PC vendor, and are hoping the acquisition of Gateway well help get them in the top three. Many consumers are hoping this will bring about new notebooks and Tablet PCs.

There still is no word if Acer will completely change the Gateway brand or if they will continue to use it in their product line.

On a worldwide note, the Acer-Gateway-Packard Bell merger is supposed to push Taiwan's Acer ahead of Chinese rival Lenovo in terms of market share and global unit sales.

Lenovo who currently holds the No. 3 spot in the marketplace is Acer's current competition because Dell and HP hold the No. 1 and No. 2 spots. Acer's purchase of the less-than-successful Gateway and Packard Bell brands makes sense for them in the long haul.

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• Acer to Buy Gateway

 

 

Where does this leave eMachines, my favorite elCheapo desktop brand? Does anyone know if it will still exist?

 

Interesting point, they were part of Gateway before the merge, correct?

 

Yes, they were. I don't care about eMachines; I always thought they (eMachines) were junk.

I really hope Acer doesn't compromise the quality of Gateway. I know Gateways got bad raps with quality, but my family has had very good experiences with their products for the most part. On the other hand, I've heard mostly bad things about Acer...

 

I care, which is why I asked, thank you very much.

 

I don't particularly care about emachines either, or any off the shelf desktops for that matter, but I still think it was an interesting point and I would be interesting in knowing what will happen to them out of curiosity.

 

I don't like ACER.

Very bad experience with their desktop and warranty.

 

In my impression Acer/Gateway has been associated with rather cheap and lower-quality products, much like Dell is associated with affordable but not always long-lasting products. It would be curious if Acer does not improve the quality of their computers and continue to make the low price their main selling point. Not sure if they will really take over Lenovo in the notebook market since the thinkpad has a much better reputation than Acer notebooks.

 

Funny, I had the same experience with my Gateway desktop.

I can only imagine how bad a company will form from the merger of these two mediocre companies.