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Gateway Plans to Acquire Packard Bell

Discussion in 'News' started by malware, Oct 9, 2007.

  1. malware New Member

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    Gateway announced Monday that it has agreed to take over the controlling stake in Paris-based PC vendor Packard Bell. Gateway has exercised its right of first refusal to purchase all of the shares of PB Holding Company, the parent company of Packard Bell, from Lap Shun (John) Hui and Clifford Holdings Limited, also controlled by Hui. Both companies control 75 percent of Packard Bell stock. Financial details of the transaction have not yet been disclosed. The announcement wasn't a surprise - Gateway and Lenovo have waged a public battle over Packard Bell - with Gateway announcing its intentions in August. Gateway was also bought by Acer in August of this year.

    Source: CNET News
     
  2. Helvetica New Member

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    Yea, like that's going to help them out any...
     
  3. BOSE

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    Packard Bell is still in business? What the heck do they make this days? Toasters and Microwaves?
     
  4. jocksteeluk

    jocksteeluk New Member

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    had i not seen it here i would never have known Packard Bell was a French company.
     
  5. Random Murderer

    Random Murderer The Anti-Midas

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    so crashway is looking to aquire packard hell? i thought packard hell was owned by hewlett packard...
     
  6. Wile E

    Wile E Power User

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    I wasn't even aware that Packard Bell still existed.
     
  7. ex_reven New Member

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    My grandparents own a PB PC.
    Oh sweet mother of god that thing has Windows ME.
     
  8. Random Murderer

    Random Murderer The Anti-Midas

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    lol, last pb i owned was a 486, lol. that thing had windows 3.11 for workgroups on it.
     
  9. ex_reven New Member

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    Want to vomit in a bag collectively and mail it to them :D?
     
  10. mdm-adph

    mdm-adph New Member

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    I could make a stereotypical joke here about the quality of French industry in general, but I'll resist, because that kind of thing is seriously played out.

    Don't belittle them -- that's actually quite an accomplishment for a PB. :p
     
  11. WarEagleAU

    WarEagleAU Bird of Prey

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    I had a Packard Bell at one time but I thought Hewlitt-Packard acquired them as I havent heard anything from them in the last 10 years or so ( I seriously though HP took them with them as the packard name is second in it.) I wasnt aware they were french either, so that is a surprise.
     

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