Acer announced on Thursday its initial foray into the world of Windows 8 tablets, the new Iconia W700. The device will start shipping on October 26, a day after Windows 8 is launched and the same day several related products, such as the Microsoft Surface RT tablet, would be released.

Looking at the device’s specifications, the Iconia W700 should be a device best suited for business or corporate users. For starters, the Iconia W700 has a large 11.6-inch IPS LCD screen with 1,920 x 1,080 pixel resolution.

There are two choices of processors, an Intel Core i3 or Intel Core i5; these are both very nimble and powerful dual-core chips that should be more than sufficient for most users’ needs. There are two cameras included, one 5-megapixel camera at the back of the device, and a 1-megapixel camera in front for video conferences. A docking port would allow users to connect a Bluetooth keyboard and use the Iconia 700 like they would use a laptop.

And now here’s the part where business users would want to pay attention. Three versions will be available – the base model comes with a Core i3 mated to 4 GB RAM, with 64 GB solid-state drive, the mid-range version has a Core i5 with the same amount of RAM and SSD storage space, and the high-end version has a Core i5, 4 GB RAM and 128 GB storage.

Pricing in the United States would be $800, $900 and $1,000 respectively for the three variants.