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Acer to acquire E-TEN

First Gateway and Packard Bell

| Business, Financial & Legal News | Posted: Mar 4, 2008 2:01 pm

Acer announced that it will acquire E-TEN Information Systems, a well known and respected manufacturer of smartphone mobile and handheld devices.

 

The acquisition has been accepted by all parties involved, and the undisputed takeover (to date) will go on, subject to the usual takeover procedures such as approval from shareholders and of course if the government regulators approve.

 

Acer over the last year has had a strong showing, with its acquisition of Gateway, and Packard Bell strengthening capabilities across their entire range of products, but in particular the mobile technologies. The acquisition of E-TEN will be another feather in the cap for the synergies of the hotly contested mobile devices arena.

 

Look for great things from the Acer group. The acquisition is expected to close during Q3 2008.
Read more here.

 

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