It is an Acer problem. Here is a fix that worked for me.

Reboot and hold F2. You'll be in BIOS. 
Under Main, go to Touchpad.
It will be on Advanced. You should change it to Basic.
Save changes and exit.
Your touchpad should work.

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https://bugs.launchpad.net/bugs/1413659

Title:
  Precision Touchpad does not work in Ubuntu 14.04.1 LTS after
  installing ubuntu on new Acer Aspire E 13 ES1-311C03V

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