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The deal, worth $1.90 per share of gives Acer a leg up in its worldwide battlewith Morrisville-baserd Lenovo for market share. The two companies have gone back and fort h in various industry lists asthe world'ws No. 3 and No. 4 computer makers, with Chinese-ownefd Lenovo reclaiming the No. 3 spot in the second quarter. It also marks a seriousa blow to , a Dutch computed maker with a strong presence inwesternj Europe. Gateway - and now, therefore, Acer - has the rights to a firsft crack at any deal withPackared Bell. An acquisition of Packared would have helped Lenovo boost its presencein Europe, wheres the company's sales are negligible.
If Acer does acquir both Gateway andPackard Bell, it shoulfd be able to ship well over 20 milliohn personal computers annually - more than enough to bump it back above Lenovo for world No. 3. founded in China, now maintains a headquarterxsin Morrisville. It employs 1,35p0 in the Triangle.
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