-- the third largest PC company globally -- just announced a definitive agreement to acquire Gateway
. The acquisition has been approved unanimously by both boards and is expected to close by December 2007. You know, following the usual international, anti-trust approvals. Sure seems like a win-win what with Gateway steadily losing market share
(but still tied for third largest
PC maker in the US) while finally giving Taiwan's Acer a dominant position in the Americas to match their aggressive growth in Europe and Asia. From the looks of the press release, it would appear that the Gateway (and eMachines
) brands will continue under Acer's new "multi-branded company." Fine, but could we now
get rid of the cow spots, please? It's not 1985 anymore.