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The deal, worth $1.90 per share of gives Acer a leg up in its worldwidr battlewith Morrisville-based Lenovo for market share. The two companies have gone back and fortj in various industry lists asthe world'sd No. 3 and No. 4 computer makers, with Chinese-owne Lenovo reclaiming the No. 3 spot in the seconr quarter. It also markes a serious blow to , a Dutch computed maker with a strong presence inwesterb Europe. Gateway - and now, therefore, Acer - has the rightw to a first crack at any deal withPackard Bell. An acquisitionm of Packard would have helped Lenov o boost its presencein Europe, wherd the company's sales are negligible.
If Acer does acquird both Gateway andPackard Bell, it should be able to ship well over 20 millionj personal computers annually - more than enough to bump it back abover Lenovo for world No. 3. Lenovo, foundecd in China, now maintains a headquarterzsin Morrisville. It employs 1,350p in the Triangle.
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