Acer seeks to enter the market of smartphones and communicators?

The Taiwanese company Acer has published information about the possible acquisition of the manufacturer of mobile devices E-Ten Information Systems. According to an official press release, the deal was approved by the leaders of both companies, and the amount of the future takeover is estimated at $ 290 million.



According to experts and representatives of Acer, the purchase of E-Ten will allow the company to enter the promising market of smartphones and communicators at the lowest cost and “prepare completely new models for the mobile communications market”. The plans of Acer regarding the successful line of communicators E-Ten Glofiish not reported.



The deal, subject to approval by shareholders and regulatory authorities, is scheduled for completion in the third quarter of 2008.



via Digitimes