NEC packs up Packard Bell
Print storyHui buys veteran brand
Posted in PC Builder, 16th October 2006 14:01 GMT
Free whitepaper – Patch management
Lap Shun Hui has scored a success in his battle to collect the great PC brands of yesteryear by buying Packard Bell from NEC.
NEC revealed the sale of its European PC operation earlier today but is keeping quiet on how much it got for the operation, Reuters reports. The news agency said Packard Bell turns over around $1bn a year, but is not making a profit.
Reports that Hui, who cofounded eMachines before selling it to Gateway, had been after the Packard Bell name have been bubbling around since June. According to a website apparently representing Lap Shun Hui, the businessman also has an offer in for Gateway's retail operation AKA, eMachines. Or, he says, he could take on the whole Gateway operation and break it up himself.
No doubt the owners of the Compaq, Tandon, Apricot, and Commodore brands are licking their lips as we speak. ®
Essential archive requirements for eDiscovery
Image spam: the threat returns
Jump start your Application Security initiatives
The shortcut guide to managing certificate lifecycles
Sign up, sign up for The Register IT security newsletter
Former top Sun exec mourns end of a franchise
Win an HTC Touch Diamond2!
Disties braced for autumn reseller collapses