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When Shih was asked if Acer would be interested in entertaining any offers that companies like Dell or HP might make, Shih told reporters that such interest would be welcome. What’s a bit more puzzling, however, is that Shih went on to say that any company that bought Acer would pay dearly for purchasing an “empty shell.”
“U.S. and European management teams usually are concerned about money, their CEOs only work for money. But Taiwanese are more concerned about a sense of mission and emotional factors,” he said.
Shi’s remarks were later confirmed by a company spokesperson, but I’m wondering if some nuance of context isn’t getting lost in communication. Acer may have taken a beating in recent months, but the company still reported revenue of $1.94B in its Q2 2015 report. That’s no small amount of revenue, even if it’s not in the same ballpark as what the largest OEMs typically make. It’s enough cash to make it unclear why the founder of the company would characterize it as an “empty shell,” especially when such phrasing would harm the chances of a successful sale or merger.
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I wonder if Acer founder age has anything to do with his decision to allow a takeover bid because the founder of Acer is old, so he probably wants to retire, and have a lot of money and time to do fun activities like go on vacations, buy nice cars, houses, and very expensive food and medicine which could extend his life into the 90-100s in age.
