Acer Buys Gateway
Acer has purchased Gateway for $710 million making it the third largest computer manufacturer in the world, passing what is now Lenovo an what was IBM and raising two questions.
1. Acer is still around? I think the last new Acer computer I saw ran Windows 98 in 1998.
2. Gateway isn't worth a billion dollars? YouTube was valued at almost two, and Gateway isn't worth one. Gateway has IP, they make stuff! They have 1,645 employees. If metal prices keep going up, I would imagine they'll have more than a billion dollars in metal just laying around.
How irrelevant have personal computer manufacturers become? What the hell went wrong? A billion dollars certainly is a lot of money, but not when you're making machines that do millions of transactions a second!
1. Acer is still around? I think the last new Acer computer I saw ran Windows 98 in 1998.
2. Gateway isn't worth a billion dollars? YouTube was valued at almost two, and Gateway isn't worth one. Gateway has IP, they make stuff! They have 1,645 employees. If metal prices keep going up, I would imagine they'll have more than a billion dollars in metal just laying around.
How irrelevant have personal computer manufacturers become? What the hell went wrong? A billion dollars certainly is a lot of money, but not when you're making machines that do millions of transactions a second!
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