The Wall Street Journal reports that Acer Inc. has agreed to buy Gateway Inc. for the hefty sum of $710M. This is the latest and potentially the last in a long string of consolidations in the PC market. Unless Dell tries to buy HP...
The proposed buyout would vault Taiwan based Acer into the number 3 spot for PC manufacturers, behind Hewlett-Packard and Dell. The current #3 is Lenovo Group which bought out IBM's PC division two years ago. Even more interesting, both Gateway and Lenovo have been in talks to buy out Packard Bell (the #6 manufacturer). The deal with Acer would include the Packard Bell assets as well, giving Acer enough juice to possibly make Dell and HP squirm a little.
For you Cult of Mac folks: this would make Apple the #4 PC supplier in the US.
I for one hope that the new Acer / Gateway / Packard Bell keeps the creativity seen in the more recent Gateway commercials and those cool cow pattern boxes.
Wall Street Journal: Acer's Gateway Purchase Vaults It Ahead of Lenovo