Taiwan's Acer, already one of the world's top computer sellers, is to buy Gateway for $710 million, creating a behemoth that displaces Lenovo as the 3rd largest behind HP and Dell. Applicable journalistic clichés include "catapulted," "vaulted," "leaped," and "potentially risky step." From the WSJ:
"The combined company would have had total revenue of more than $15
billion for 2006 and expects to ship about 25 million PCs this year, executives said. By selling itself, Gateway, long one of the best-known
PC names in the U.S., admits defeat in its effort to battle larger U.S.
rivals -- though Acer executives said they will continue to use the
Gateway brand."
What was it that Mighty Mouse's bovine nemesis declared when under stress? Ah, yes. "I! Am! The Cow! Moo!"
Acer's Gateway Purchases Vaults It Ahead Of Lenovo
