IBM and Acer Group In $8 Billion Technology Agreement

IBM and Acer Group In $8 Billion Technology Agreement is the latest business move hitting the game wire. IBM and Acer Group today announced a seven-year procurement and technology alliance.

Under the pact announced, Acer will purchase hard disk drives, microelectronics, networking, and display technology from IBM for integration into its server, desktop, and notebook computer products. The value of these purchases is expected to reach $8 billion over the course of the agreement. Acer will also sell IBM technology including hard disk drives through its distribution channels. This new technology alliance is an expansion of an already existing broad set of relationships between the two companies.