Acer to take majority stake in Wistron unit Aopen for TWD 420 mln

Friday 10 November 2017 | 14:06 CET | News
Acer will be taking a majority stake (51%) in Aopen, a unit Taiwan’s Wistron, for a tao of TWD 420 million. The transaction will take place as a private placement of Aopen shares, at TWD 11.5 per share. Aopen will be placing 36.5 million new shares. Following the transaction, Acer will join the management of Aopen, an electronics manufacturer specialised in ultra-small form factor computing for both home and business applications, and digital signage ranging from hardware to software and services.

Acer said the deal will bring together its cloud, display devices, digital signage platform and different software application services with Aopen’s expertise in media display hardware and software products. The combination will create a bigger economy of scale and strengthen the development of Acer’s digital signage business. 

Acer reported a record net profit of TWD 1.45 billion during its third quarter results, with revenues rising 3.4 percent to TWD 60.58 billion.

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