Acer Hits Former CEO Lanci With Noncompete Lawsuit
Acer this week decided to sue former president and CEO Gianfranco Lanci over alleged breach of a noncompete agreement. The highly regarded Lanci, who left Acer last March after a difference of opinion over how Acer should compete in tablets, joined Lenovo last September in a consulting role and was later tapped to head up the company's EMEA PC unit.
Lenovo is coming on strong in the PC market and last year overtook Dell for the No. 2 spot worldwide. Acer, meanwhile, saw its PC sales drop more than 18 percent last year and is currently No. 4 worldwide, and the company has also been slow in figuring out its tablet strategy. Which is why this move carries with it an unmistakable whiff of desperation.