Associated Press

So Acer just bought Gateway. I’m not one to force my stance on horizontal acquisition down anyone’s throats, but this deal makes negative sense to me. It’s gonna cost Acer $710 Million, and according to CEO JT Wang (swear to god that’s the dude’s name), “After this acquisition, we are solidly number three in the global PC market.” Seems like a lot of trouble to go through just to be number three. That’s like my agent telling me I should collaborate with Avril Lavigne just so we might win a Grammy for best soundtrack.

But what do I know? Maybe that Acer paid almost 35% above market price for a company that’s pulling a sub $2 million profit per quarter on near billion dollar revenues, and is trying to spin off a floundering business sales division. That, and the new company’s name is gonna be Gacer. You heard me. “Gay-cer.” (As in homosexual.)