Acer Buys 75 Percent of Packard Bell

[NewsBot]

*Source: PC World (http://www.pcworld.com/businesscente...rd_bell.html)*
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Taiwanese PC vendor Acer has purchased 75 percent of the parent company of European electronics maker Packard Bell for US$45.8 million, Acer said in a statement to the Taiwan Stock Exchange Thursday.

The deal effectively seals Acer's bid to keep Chinese rival Lenovo from acquiring Packard Bell and gaining a foothold in Europe, where Acer enjoys strong sales.

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