Under a tie-up announced this month, Acer said it would gain access to Founder’s channel network and operate the Chinese company’s marketing efforts, while Founder would run Acer’s after-sales services and provide support for its PC manufacturing operations.
Acer did not release financial terms then, but the world’s No.3 PC vendor said it aimed to book revenue of $2.5 billion in China next year and expected to become Asia’s No.2 PC brand, helped by the deal with Founder.

In a statement released late on Friday, Acer also said its subsidiaries had paid 51 million yuan for Founder’s PC-related operations, product systems, copyrights and patents, and paid another 69 million yuan to secure Founder’s PC-related customers and other distribution resources.
Acer and Founder are likely to jointly introduce new products in October at the earliest, the Chinese-language Commercial Times said on Saturday, without giving other details.

Source : Konaxis

Acer will operate Founder?s planning, marketing and supply chain management, with the Beijing-based PC maker operating Acer?s after-sales service, it said in a statement on its website. The companies will jointly develop products aimed at the China market, it said.

Acquisitions in the U.S. and Europe failed to boost Acer?s share in Asia where it trails Lenovo Group Ltd. and Hewlett- Packard Co. Joining with Founder will also help achieve Acer?s goal to be No. 3 in China, Acer said.

Acer was sixth in China with a 3.9 percent share in the first quarter, trailing Lenovo in the top spot, while Founder was fourth at 7.6 percent, according to data from IDC.

Combined China revenue will climb to $2.5 billion next year, Acer said in the statement. China accounted for 5 percent of revenue last year, Stella Chou, a public relations spokeswoman said.

Acer had 13 percent of the global computer market in the second quarter, trailing Hewlett-Packard Co. on 17.4 percent, according to Gartner Inc. Acer?s rank in Asia Pacific will climb to No. 2 with 12.3 percent as a result of the Founder cooperation.

Source : Konaxis