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Morrison & Foerster Represents Acer

12/31/2004

Morrison & Foerster represents Acer in a Series A Preferred Stock financing of Ether Precision, Inc. and a Series B Preferred Stock financing of Chipnuts Technology, Inc. VenGlobal Capital, Investar Capital and Enspire Group joined Acer in its investment in Ether Precision, a Shanghai-based designer and manufacturer of miniature optical lenses for digital camera and cell phone OEMs. CID Ventures Management & Consulting, Ceyuan Ventures and others joined Acer in its investment in Chipnuts Technology, a Shanghai-based mobile multimedia System-on-Chip (SoC) design firm.