Acer Inc./Acer Sertek merger completed

March 28, 2002 — The merger of Acer Inc. with Acer Sertek took place yesterday, completing another step forward in Acer’s ongoing restructuring effort.

The English name remains Acer Inc., with 3,800 employees, and capital of NT$19.1B. Acer Inc.’s core businesses are sales and marketing of IT products, e-enabling services, and holding and investment businesses, and aims to become a world-class services company. Stan Shih is the chairman, while J.T. Wang is the president of Acer Inc.

Since the restructuring announcement in December 2000, Acer has undergone many changes, starting with the OEM business separating from the branded business to become Wistron Corp., and Acer Inc. transforming to a marketing and services company. Following that, the former Acer Communications & Multimedia changes its corporate identity to BenQ, and now the merger of Acer Inc. with Acer Sertek to form a new Acer.

The new Acer Inc. consists of five divisions: IT product business headed by Jim Wong, e-Enabling services headed by James Chiang, global business management headed by T.Y. Lay, Greater China operation headed by Scott Lin, and holding and investment business led by Stan Shih.


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