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Acer Incorporation is a globally managed hardware and consumer electronics corporation based in Taiwan. It was established by the joint venture of Stan Shih, his wife Carolyn Yeh, and five others in 1976 and was named as “Multitech International” at its initial stage. The company was renamed Acer in 1989 and has implemented a new business model by shifting itself from manufacturer to a designer, marketer and distributor of products and offers a wide range of consumer electronic products such as Desktops, televisions, laptops, storage devices, notebooks, monitors, video projectors, servers, handhelds, smart-phones, displays and peripherals and tablet computers. It also offers “e-business” application of information and communication technologies (ICT) to serve numerous businesses, governments and consumers. Acer Incorporation operates numerous retail stores in various locations including North America, India, Australia, United States, Europe, Russia, Germany and many more to serve millions of individuals and businesses around the Globe with its quality products and services. It also run numerous stores around the globe by means of franchise, licensing, and cooperation agreements and possess the largest franchised computer retail series in Taipei, Taiwan. Acer Worldwide Assistance Team, Acer Semiconductor Team, Acer Information Items Team, Acer Sertek Assistance Team and Acer Peripheral devices Group are the various groups included within the Acer Incorporation. It is the fourth leading personal computer vendor around the globe and has a Revenue of more than 225.3 million U.S. Dollars. The corporation has been awarded by the “CES Innovations 2014 Design and Engineering Award” for the Acer Aspire S7 Ultrabook and Acer Aspire R7 notebook and has various subsidiaries under the title Acer America Corporation, Acer India, Packard Bell, Escom, Acer Computer Australia, Gateway Incorporation and eMachines. Acer Incorporation is headquartered in Xizhi, New Taipei in Taiwan.