Acer buys iGware, joins the cloud with a $320 million investment?

There’s no question that cloud computing has hit the mainstream. Now, Taiwanese hardware maker Acer, the world’s second largest PC manufacturer, has just joined the ranks of the sky-high elite, purchasing Silicon Valley-based iGware for $320 million.
Acer’s acquisition of the little-known cloud computing firm will reportedly allow it to launch a cloud product next year, and is seen as a long-term strategic move for the tech giant. Despite its limited name recognition, iGware provides services that support more than 100 million consumer devices, including Nintendo gaming systems — the two companies are reportedly in talks over potential cooperation after the acquisition is complete.
iGware may be a major player in the cloud computing space, but its single-page Microsoft Publisher-designed website doesn’t exactly scream nine-figure acquisition.
SOURCE via Reuters











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