Wokka wokka wokka: Acer to acquire Gateway to acquire Packard Bell

The rumor was spot-on: Gateway has delivered a binding offer to acquire all shares of PB Holding Company S.à.r.l. from Lap Shun (John) Hui and Clifford Holdings Limited. If approved, Acer would nab themselves an improved foothold in Europe as part of their acquisition of Gateway announced back in August. Final regulatory approvals for the three-way love-in are expected before the end of the year or Q1 at the latest.