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Acer set to acquire E-Ten, entering into the smartphone business

Sections: Cellphones, Cellular Providers, Communications, Mobile, Smartphones

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Acer and E-Ten Logo

While the deal has not been made official just yet, Acer has announced having entering into an agreement to purchase E-Ten. For those unfamiliar, E-Ten is a mobile phone maker, who has been getting well known for their Windows Mobile-based Glofiish smartphone lineup.

It is being reported that the deal is going for $290 million and as of now both Acer and E-Ten have approved the deal. The deal is still awaiting the official government approval before it becomes final. That regulatory approval is expected to come sometime during Q3 2008.

Via [IntoMobile]

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