Gateway to buy PC maker eMachines | San Jose Mercury News

[Ediacara]

Posted on Fri, Jan. 30, 2004

Gateway to buy PC maker eMachines

ELLIOT SPAGAT
Associated Press

SAN DIEGO - Gateway Inc., hoping to reverse its sagging fortunes in the personal computer business, said Friday that it would buy privately held eMachines Inc. in a deal valued at $235 million.

Ted Waitt, who founded Gateway in 1985, will relinquish his role as chief executive officer to Wayne Inouye, who holds the same job at eMachines. Waitt will remain Gateway chairman.

The combined company would create the third-largest PC company in the U.S. market - still far behind Dell Inc. and Hewlett-Packard Co. - and give Gateway a stronger presence in low-end computers.

"We've always struggled at the low end of the PC business," said Rod Sherwood, Gateway's chief financial officer.

The agreement came one day after Gateway posted its 12th loss in 13 quarters, a result of sharply declining sales and charges related to its makeover from a personal computer maker to consumer electronics company.

More at the San Jose Mercury News

[arwalden]

1. Rats! I Have An Emachine PC...

because I wanted to distance myself from Gateway. They are STALKING me.

-- Allen

[nolabels]

2. Gateway sucks

The one I own always has glitches and problems. Got the HP the other day also almost out of the box it had problems. I am going to build me another clone from components for my next one. They seem to have least problems, and can have their problems overcome easy. (just grab a new part and throw it on).

[sabbat hunter]

3. gateway

at one time made a good machine, but once they opened their gateway stores their overhead shot up and they started to use generic parts or substandard parts thus causing problems.
compaq aka compcrap is a terrible machine as are its HP twins

i would stick with either a dell or an IBM.


peace
david
:hippie: