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Gateway Moves to Buy Packard Bell

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In an interesting chain of buyouts, US computer maker Gateway has now moved a step closer to purchasing Packard Bell, a decision which comes as Acer, headquartered in Taiwan, announced last week that it would...

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Chinese computer giant Lenovo Group, which acquired IBM's PC division in 2005, is now planning for further expansion, announcing today that it is in exclusive exclusive discussions about a potential acquisition of Packard Bell. Lenovo...

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UPDATE: In a blow that could derail Hewlett-Packard's proposed $25 billion takeover of Compaq Computer, the David and Lucile Packard Foundation reached a preliminary decision Friday to oppose the deal. "The board...

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