Acer to acquire 15.6% stake in PChomePay

7 Jan

Acer may have suffered a few major blows in the ailing PC and Notebook markets, but it isn’t ready to give everything up just yet. According to a recent report from Taipei Times, the Taiwan-based company will officially extend its presence to the e-service industry by purchasing a 15.6% stake in PCHomePay, a company known for facilitating online transactions and payments.

“Under the ICT industry’s changing structure, Acer will move beyond hardware-based thinking,” Stan Shih, Acer’s chairman, said of the investment decision. “Investing in e-commerce and our cloud technology is part of Acer’s ‘hardware plus software plus services’ transformation.”

In addition to strengthening Acer’s long term prospects, the investment agreement is expected to also benefit PCHomePay tremendously as the former makes greater use of its third party payment platforms.  Acer has mentioned, specifically, that it would attempt to use its “proprietary cloud computing solutions” as a means to create a secure payment gateway for PCHomePay.

The total payment made for PCHomePay’s shares, Taipei Times noted, is approximately 70 million NTD (roughly $2 million USD). Upon the completion of the deal, Acer will effectively become the company’s largest shareholder, while PCHomePay’s capitalization will be boosted to $450 NTD, the publication added.