Acer sues former CEO Lanci for breach of contract

Former Acer CEO Gianfranco Lanci is now working with Lenovo

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.

Join the newsletter!

Or
Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Agam Shah

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?