Acer has announced the division of its core and new businesses into two groups. The new structure will address the diverse development needs of IT hardware products versus cloud services, smart devices and e-businesses, allowing for each group the independence to focus within its ecosystem.

The division will encourage the optimization of each business model, enhance the allocation of operational resources, propel organic growth, and accelerate the overall company transformation, Acer said.

The Core Business umbrella shall consist of: IT Products Business that encompasses notebooks, desktops and tablets, and related R&D; the digital display and server products businesses; and corporate business planning operations. Separately, the New Business umbrella will consist of: Build Your Own Cloud (BYOC) and Smart Products Business that encompasses Acer's BYOC cloud services, smartphones and wearable devices; the value lab, and e-business.

Under the Core Business group, IT Products Business for notebooks, desktops and tablet PCs, and R&D will be led by Jerry Kao, president; Digital Display Business including monitors and projectors will be led by Victor Chien who has been promoted as president; Server Products Business will be led by Evis Lin, general manager and Corporate Business Planning and Operations will be led by Tiffany Huang, president.

As for the New Business group, eBusiness Business will be led by Ben Wan, president; BYOC and Smart Products Business will be co-headed by presidents Maverick Shih and ST Liew and Value Lab for the vertical and horizontal integration of technology for new businesses will be led by RC Chang, CTO.

At the same time, Acer will establish a wholly-owned investment holding company to manage the operation and investment of new businesses, and provide transparency of the new business performance.

Finally, Acer will appoint Andrew Hou, current general manager of the Stationary Computing Business Unit, to lead Pan Asia Pacific operations. In his new capacity as president of Acer's Pan Asia Pacific region, Hou will oversee the operations of Asia Pacific countries including China, Taiwan, South Korea, Japan, Australia and New Zealand.