" Gateway announced on March 11, 2004, its successful acquisition of eMachines, one of the world's fastest-growing, most efficient PC makers, for 50 million new Gateway shares and $30 million cash.
This acquisition makes Gateway the third-largest PC company in the United States, with nearly 7 percent of the U.S. PC market and growing sales in Japan, the UK and western Europe. The company is expected to be profitable for 2005."
" Founded in 1985 in an Iowa farmhouse, Gateway has grown into one of America's best known brands with millions of satisfied customers. Starting with a $10,000 loan guaranteed by his grandmother, a rented computer and a three-page business plan, Ted Waitt turned Gateway into a revolutionary company whose innovations helped shape the technology industry. " more