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Acer wants to be bought out

by on31 August 2015

Invites people to kick its tires

Acer's founder Stan Shih said he would welcome companies to come and take the troubled PC maker off his hands.

Shih was commenting after a steep fall in Acer's share price. However he warned that any potential buyer would have to pay a bit to get his company.

Shih told reporters any buyer would get an "empty shell" and would pay dearly to make the company worthwhile.

"US and European management teams usually are concerned about money, their CEOs only work for money. But Taiwanese are more concerned about a sense of mission and emotional factors," he said.

Empty shell defines the two Acer laptops we have owned in recent years, but he is correct about emotional factors. My wife tends to get quite emotional when it comes to her laptop's shortcomings.

Acer has reported steep year-on-year sales falls in recent months, including a 33 percent drop in July.

It posted a $5.40 million net profit in the first six months of 2015.

Its stock price has fallen by nearly half since early April.

Last modified on 31 August 2015
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