Acer plans to buy California-based cloud-computing technology developer iGware for $320m, as part of its plans to move beyond its core hardware manufacturing business.
Acer has also set aside $75m as performance-based payout to iGware as part of the deal.
Reportedly, the Taiwanese PC maker is in negotiations with iGware’s client, Japanese game firm Nintendo, over cooperation after the transaction.
Acer deputy spokesman Henry Wang said iGware will be renamed Acer Cloud Technology after the acquisition.
Acer has unveiled a new global R&D centre in Chongqing, China to accelerate development of smartphones and tablet PCs.
In a media briefing Acer chairman JT Wang said Nintendo is helpful of the acquisition and will pay the company a $20-30m service fee every year after the deal.
Acer plans to integrate iGware into its cloud software and platform once the deal is completed, and will launch an Acer Cloud product some time in next year.
Acer is of the opinion that iGware’s valuable core technology and capabilities will help create uniqueness for the Acer brand.
