Acer's Iconia W700 debuted at the IFA event in Berlin this year. Now the company has revealed the pricing and availability of its latest tablet.

Acer's first Windows 8-based tablet will be available in the U.S. from Oct. 26, the day after Microsoft's official launch of Windows 8. The Iconia W700 will bear a price tag between $799 to $999.

"The Acer Iconia W700 brings the performance and productivity of a high-end PC to the tablet category," said Sumit Agnihotry, vice president of product marketing, Acer America. Agnihotry added "Sporting a new style, innovative design and aluminum unibody construction, the new tablet PC is designed to reach new standards in ergonomics and user-friendliness, while providing the ideal platform for customers to take advantage of the many new features of Windows 8."

The Acer Iconia W700 boasts an 11.6-inch IPS display with Full HD and 1920x1080 pixels resolution. The device also features an Intel HD Graphics 4000, which improves the clarity and realism of the content displayed on the screen and the high-brightness display enables viewing even in sunlight. The 10-point touchscreen makes the device user friendly to navigate through Web sites, music and media files, and other Windows 8 apps.

Consumers can choose the Iconia W700 in either an Intel Core i3 version with a 1.8GHz processor, or a third-generation Intel Core i5 1.7GHz processor. Turbo Boost Technology takes the speed to up to 2.6GHz.

The Iconia W700 will have 64/128GB of on-board storage. The device will also include an HD 5-megapixel rear-facing camera which captures full HD 1080p video. The tablet also features a front-facing HD 720p camera. The company claims that the battery on the device is capable of providing its user eight hours of productivity.

"The Iconia W700 comes with a multipurpose cradle that securely houses it in several different positions. When using it in landscape, the cradle can be tilted up to 70 degrees for enhanced viewing, or 20 degrees for convenient touch. It can also be used vertically in portrait mode for easy browsing and reading," indicates the press release.

The tablet weighs 2.3 pounds and measures less than half-inch thick and is Wi-Fi capable.

With the market flooded with offerings from rival companies, time will tell if the Iconia W700 can keep up in the tablet race.