The move showed Acer’s ambition to go beyond a vendor of consumer electronics hardware and strengthen its stance in value-added software research and development, they said.

At the end of trade, Acer rose 0.48 percent to close at NT$41.55.

“The current gains indicate investors are upbeat about Acer’s long term prospects by allocating more resources in cloud computing technology,” Concord Securities analyst Henry Sun said.

“Mobile communications has become a trend in the global high-tech sector and Acer seized the acquisition to enter the arena,” Sun said. “I think Acer is moving in the right direction.”

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