Vince Lanci, managing partner at Echobay Partners, agreed that the move was from strong forced selling.

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Lanci started in Italy and built Acer into a European powerhouse from that base.

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Lanci concedes that Acer must spend the next year strengthening ties to wireless carriers.

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Lanci fell from a great height at Acer, but landed more or less on his feet at Lenovo.

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Lanci moved the 51-year-old into that job last year after acquiring computer maker Packard Bell, which De Lencquesaing had run for five years.

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In late March, Acer replaced its longtime Chief Executive Gianfranco Lanci, reportedly for failing to recognize the importance of emerging devices like tablets.

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"The notebook market is growing for at least the next two to three years, and with the entry of new mobile Internet devices, the market can easily double in size, changing the profile of the industry dramatically, " President Gianfranco Lanci of Acer said in a Reuters interview.

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