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Acer to Buy E-Ten

Mar 3, 2008, 9:33 AM by Eric M. Zeman

Today Acer announced that it has agreed to acquire E-Ten, maker of the Glofiish Windows Mobile smartphones. Acer is going to pay approximately $290 million for E-Ten. Acer has its own line of PDAs and believes that its technology combined with E-Ten's can advance the mobile computing market. The two companies expect the deal to close during the third quarter of 2008. Acer is the world's third-largest maker of PCs.

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