"We welcome (Gateway CEO) Ed Coleman and the talented team at Gateway, into the Acer family, and we are delighted by the enthusiasm with which Gateway employees and clients have reacted to joining our group," Acer Chairman and CEO J.T. Wang said in a statement.
The deal was originally announced in August, since then Gateway announced it would exercise an option (financed by Acer) to buy the Paris-based PC maker Packard Bell. Acer has been taking share away from rivals including Dell and Lenovo for the past few months through aggressive marketing and pricing strategies. The Gateway (and Packard Bell) purchase is expected to firmly position the company as the world's third-largest PC vendor, behind HP and Dell.