Key Developments: Acer Incorporated (2353.TW)

2353.TW on Taiwan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Acer subsidiary to merge with sub-subsidiary
Thursday, 7 May 2015 04:33am EDT 

Acer Inc:Wholly owned subsidiary Gateway, Inc. to merge with Gateway US Retail, Inc., Gateway Direct, Inc. and Gateway Manufacturing LLC.Gateway, Inc. holds 100 pct stake in Gateway US Retail, Inc., Gateway Direct, Inc. and Gateway Manufacturing LLC.  Full Article

Acer Inc announces no dividend payment for FY 2014
Wednesday, 25 Mar 2015 05:28am EDT 

Acer Inc:Will pay no dividend to shareholders for the fiscal year 2014.  Full Article

Acer subsidiary to set up sub-subsidiary
Wednesday, 25 Mar 2015 05:28am EDT 

Acer Inc:Subsidiary Acer European Holdings B.V. to invest up to 20 million euros to set up a Switzerland-based wholly owned sub-subsidiary.  Full Article

Acer Inc updates new share issuance
Tuesday, 23 Dec 2014 05:50am EST 

Acer Inc:To issue 300 million new shares of its common stock.New shares with par value of T$10 per share and issue price at T$18 per share.10 pct of the new shares to be offered to the company's employees.10 pct of the new shares to be offered through public offering.Remaining 80 pct to be offered to the existing shareholders, who are eligible to purchase 0.086 share for every one share they hold.Proceeds to be used for repaying bank loan and payment of executing repurchase right of the second series overseas unsecured convertible corporate bonds.Record date on Jan. 11, 2015.Last date before book closure on Jan. 6, 2015.Book closure period from Jan. 7, 2015 to Jan. 11, 2015.Payment period from Jan. 19, 2015 to Jan. 26, 2015.  Full Article

Acer Inc revises new share issuance plan
Thursday, 7 Aug 2014 04:30am EDT 

Acer Inc:To issue up to 300 million new shares of its common stock.New shares with par value of T$10 per share and tentative issue price at T$20 per share.10 pct of the new shares to be offered to the company's employees.10 pct of the new shares to be offered through public offering.Remaining 80 pct to be offered to the existing shareholders.Proceeds to be used for repaying bank loan and payment of executing repurchase right of the second series overseas unsecured convertible corporate bonds.The latest new share issuance plan was on Dec. 4, 2013.  Full Article

Andrea Electronics files patent infringement lawsuits against Toshiba Corp, Lenovo And Acer
Monday, 28 Jul 2014 08:10am EDT 

Andrea Electronics Corp:Files patent infringement lawsuits against Toshiba Corp, Toshiba America, Inc., Toshiba America Information Systems, Lenovo Group Ltd., Lenovo Holding Company, Inc., Lenovo (United States) Inc., Acer Inc., and Acer America Corp, in the US District Court.Andrea is asserting infringement related to U.S. Patent numbers 6,483,923; 5,825,898; 6,363,345 and 6,049,607.Complaints alleges, the named defendants offer in the United States products, such as desktop and laptop computers, that use the patent protected audio enhancement technology.The suits seek, among other things, monetary damages and injunctive relief prohibiting the defendants from using the patented technology in their products.  Full Article

Acer Inc to elect George Huang as Chairman
Wednesday, 18 Jun 2014 07:25am EDT 

Acer Inc:Appoints George Huang as chairman of the company effective June 18.Says George Huang is to replace Stan Shih.  Full Article

Acer Inc subsidiaries AEH and PBHO to transfer shares in ACH and ACF to AHN
Wednesday, 18 Jun 2014 05:13am EDT 

Acer Inc:Subsidiary AEH to transfer 261,225 shares of ACH, at the price of 97.62 euros per share to AHN, for 25.5 mln euros in total.Subsidiary PBHO to transfer one share of ACH, at the price of 97.62 euros per share to AHN, for 97.62 euros in total.Subsidiary PBHO to transfer 981,853 shares of ACF, at the price of 19.05 euros per share to AHN, for 18.7 mln euros in total.AHN is a indirect wholly owned subsidiary of the company.AHN to hold 100 pct stake in ACH(261,226 shares) and ACF(2,606,140 shares) after this.  Full Article

Acer Inc announces change of chairman
Wednesday, 18 Jun 2014 05:10am EDT 

Acer Inc:Appoints Huang Shaohua as new chairman to succeed Shi Zhenrong, effective June 18.  Full Article

Acer Inc announces MOU with MediaTek Inc for cloud and wearable technologies
Wednesday, 4 Jun 2014 09:37pm EDT 

Acer Inc and MediaTek Inc:Says memorandum of understanding in cooperation of cloud and wearable technologies.Companies hope to create more opportunities for innovation and develop a wide range of products in this emerging field.  Full Article

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