Acer to Acquire Gateway for $710 million 222
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."
Customers? (Score:5, Funny)
Gateway has customers?!
two wrongs don't make a right (Score:3, Funny)
Re:Customers? (Score:5, 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. 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.
Wonderful news (Score:3, Funny)
Comment removed (Score:3, Funny)
Re:two wrongs don't make a right (Score:4, Funny)
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.
Re:Gateway after sales service sucks (Score:5, Funny)
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.
Re:two wrongs don't make a right (Score:2, Funny)
I didn't even get that much. I had two floppy drives and that's it.
Cue the "luxury" jokes in 3...2...1...
Re:Customers? (Score:2, Funny)
Re:Customers? (Score:3, Funny)
This is nice, it's like Slashdot only happy and sweet.
Re:two wrongs don't make a right (Score:3, Funny)
Re:Customers? (Score:4, Funny)
Re:Customers? (Score:3, 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?!?!?!
What? This was perfect execution! (Score:3, Funny)
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.