Channel Register

Gateway denies talks with Acer

Cows not going to market

Free whitepaper – Why email fails

Tawain's Acer is not in talks to acquire Gateway, the California-based computer maker said yesterday.

Shares in Gateway surged by up to eight per cent over the past few days as analysts speculated over comments made by Acer's chief executive, JT Wang, who said the company was looking at a possible PC industry acquisition.

Analysts at ThinkEquity had concluded that Gateway was the likely target.

But in an official statement, Gateway spokesperson David Hallisey, said: "While it is company policy not to comment on rumour and speculation, in light of continued reports surrounding Acer's plans for an acquisition in 2007, I can confirm that Gateway is not in negotiations with Acer.

"Instead, we remain focused on the business at hand and continuing to deliver high-quality products and superior service and support to our customers worldwide."

Gateway shares are currently trading at $2.38 on the New York Stock Exchange. ®

Free whitepaper – Exchange 2007 risks and mitigation strategies

Don’t Miss

Pirates ahoy!Sign up, sign up for The Register IT security newsletter

Narrowcasting for the email classes

SunFormer top Sun exec mourns end of a franchise

Watermelons, Elton John, and killing SGI

HTC Touch Diamond 2Win an HTC Touch Diamond2!

Reg Lucky Draw Last call for iPhone botherer promo

thumbs down teaser 75Disties braced for autumn reseller collapses

Is that why they call it fall?