Each Acer share will go for 1,07 E-TEN shares, equalling to $291,3 million in total. The new Acer shares will make up for about 6% of the total number of Acer shares in circulation. The acquisition was unanimously approved by the Board of Directors of the both companies. Once the shareholders and the state bodies supervising the transaction declare their approval too, the treaty will be finalized. According to most anticipations, this will occur in the third quarter of 2008. It is noteworthy that Acer's previous acquisitions were the Gateway and Packard Bell companies.
E-TEN is meant to become one of Acer's specialized divisions with full access to the Acer and Ferrari brands. The new department will act like a fully independent company till the end of the year, then it will be merged in as an integral part of the Acer establishment. However, this brings some doubts about their future efficiency, considering the experience of HP. A small company is a quick company, risking to lose much of its flexibility on merging into a larger structure. The mobile direction will lose some of its priority, and a more aggressive price policy is to arrive.
It's hard to draw any final conclusions right now, the situation reveals positive and negative points alike. Once Acer tried to take over the market by seizing Wistron, the outcome made a sad record in the company's history. E-TEN themselves hold a very optimistic opinion about entering Acer as their new department. It was stated by the company representatives that none of the current marketing policy regulations regarding the distribution of the glofiish products will be revised till the end of the year, so the strategy is going to stay the same during the following months. The more distant plans are still obscure, yet to be revealed after the two companies merge together.