Skip the navigation
News

Acer sues former CEO Lanci for breach of contract

Former Acer CEO Gianfranco Lanci is now working with Lenovo

By Agam Shah
February 7, 2012 11:55 AM ET

IDG News Service - Acer has sued its former CEO and President Gianfranco Lanci in Italian courts for allegedly violating a non-compete clause, the company said Tuesday.

Lanci was ousted as Acer's CEO in March 2011 after disagreements with the company's board on product strategy and in January joined Lenovo as a consultant to strengthen European operations.

Acer said in a statement that he likely breached a non-compete clause that was in his contract with the company when he left last year.

Lanci became Acer's CEO in 2008, and the company overtook Dell as the world's second-largest computer vendor during the third quarter of 2009, mainly benefiting from netbooks. However Acer's fortunes sunk as netbook shipments dropped and tablet shipments gained momentum. Analysts said Lanci's resignation reflected a difference of opinion in how aggressively Acer should shift its focus from consumer PCs and pursue mobile devices.

Acer in the past has thwarted Lenovo's expansion plans in Europe. Acer's acquisition of Gateway in 2007 derailed Lenovo's plans to acquire European PC vendor Packard Bell, which was ultimately acquired by Acer.

Lenovo was the fifth-largest PC vendor in EMEA (Europe, Middle East and Africa) in the fourth quarter last year, while Acer was the second largest, according to IDC. But on a worldwide basis, Lenovo is the second-largest PC vendor, while Acer is the third largest.

Lenovo hopes Lanci's past experience will help expand shipments of products, especially in Western Europe. PC shipments in EMEA fell by 6.5 percent in the fourth quarter last year, according to IDC.

Lenovo did not immediately respond to requests for comment on Acer's suit against Lanci.

Reprinted with permission from IDG.net. Story copyright 2012 International Data Group. All rights reserved.
What is Tech Briefcase?
TechBriefcase is a new, free service where IT Professionals can Search, Store and Share IT white papers and content like this. Learn more
Bookmark content
Speed up your research efforts with content across the web.
Search and Store
Find the white papers you need. Create folders for any topic.
View Anywhere
Open your briefcase on your iPhone, tablet or desktop. Share with colleagues.
Don't have an account yet?
Additional Resources
Security KnowledgeVault
WHITE PAPER
Security is not an option. This KnowledgeVault Series offers professional advice how to be proactive in the fight against cybercrimes and multi-layered security threats; how to adopt a holistic approach to protecting and managing data; and how to hire a qualified security assessor. Make security your Number 1 priority.

Read now.

Cut Communications Costs Once and for All
WHITE PAPER
New IP-based communications systems are being deployed by small and midsized businesses at a rapid rate. Learn how these organizations are enabling faster responsiveness, creating better customer experiences, speeding office or mobile interactions, and dramatically reducing existing communications costs.

Read now.

DRM and Legal Issues White Papers
How Blade Centers Impact Data Center Management and Agility
This paper examines enterprise adoption of blade servers in the US, UK and China; the benefits of blade server use; and the connection...
Nemertes Research PilotHouse Awards: Server for Virtualization
The Nemertes Research PilotHouse Awards provide insight on the performance of technology vendors, according to feedback from IT decision makers who use their...
Gartner Magic Quadrant for Blade Servers
The market for blade servers is becoming ever more complex and diverse due to the convergence of related modular form factors, a fast-growing...
Real Fabrics for a Virtual World
Many factors influence what "ideal" approach organizations should take when planning to implement a fabric-based infrastructure policy. This presentation charts the likely evolution...
Picking the Right Server solution to solve your Space, Power and Cooling problems
The type of server you install in a data center can have a big impact -- positive or negative -- on the space,...
All DRM and Legal Issues White Papers
DRM and Legal Issues Webcasts
Today's NAS: A Solution Beyond Old Limits
Date: Tuesday, July 17, 2012 2:00 PM EDT

Traditional NAS systems don't scale beyond fixed limits. Proliferation of NAS systems leads to management...
Redefine Expectations in the Data Center
Need to do more with less? Watch this video to learn how HP ProLiant Gen8 servers can help your business deploy servers three...
Oracle Database Appliance Best Practices
Business users increasingly demand 24x7 availability of their data while IT departments face the challenge of ensuring maximum availability while operating with limited...
Data Privacy and Protection in Production Environments: New Research from Ponemon Institute
Date: Wednesday, June 13, 2012, 1:00 PM EDT / 10:00 AM PDT

In a recent study conducted by Ponemon Institute, fifty-five percent of respondents...
BMC Control-M - Single Point of Control Demo
With BMC Control-M, you schedule and manage everything - down to the very last platform and application - from one simple interface. It's...
All DRM and Legal Issues Webcasts
Newsletter Sign-Up

Receive the latest news test, reviews and trends on your favorite technology topics

Choose a newsletter
  1. View all newsletters | Privacy Policy
IT Jobs