Micro Center to sell Gateway PCs
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Computer manufacturer sells new line through major retail centers in bid to return to profitability. SAN FRANCISCO  - PC manufacturer Gateway Inc.
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IRVINE, Calif. -- Gateway Inc., a struggling computer maker that has accepted a buyout offer from a Taiwan-based company, said Wednesday it will sell its professional business unit to MPC Corp. in a deal valued at about $90 million.
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Gateway Inc. GTW.N said on  Wednesday its personal computers would be widely available at  Office Depot. ODP.N in the latest move by the PC maker to  broaden distribution at retail stores since acquiring rival  eMachines this year.
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(InfoWorld) - People fearing they might miss Gateway's signature black-and-white dairy cow PC boxes after the company is acquired by Acer Inc. have little reason to worry: Acer not only plans to keep the Gateway Inc. brand just the way it is, the Taiwanese company hopes to expand it. "A strong U.S. brand such as Gateway's can be expanded overseas into other markets," said Gianfranco Lanci, president of Acer, in a video feed at the Taipei news conference to announce the deal. Acer's determination to grow the brand should be some relief to American users. Gateway is the fourth biggest PC brand in the U.S., and popular among consumers. But until now, Acer has sold all of its products under its own name. Its strategy going forward is to start using multiple brands in all areas of the world, including the Gateway brand, as well as eMachines and possibly Packard Bell.Â Gateway plans to buy Packard Bell BV, which would ultimately end up as another Acer brand once the Acer-Gateway deal is finalized. Going forward, Acer plans to combine the talents of each company in order to expand product offerings for users. For example, Gateway is strong in desktop monitors, where Acer is weak, so Acer will use some Gateway technology to improve its offerings, said Lanci. The two companies will see where they can share designs and technology to improve their entire desktop and laptop PC line-ups, and expand this product cooperation to Packard Bell if a deal for the company is made. The deal could also mean more PC bargains for users. Becoming larger means Acer can gain better volume discounts when negotiating with parts suppliers. In addition, competition with Hewlett-Packard Co. and Dell Inc. should remain fierce, and the companies all work hard to keep prices low. Acer agreed to buy Gateway in an all-cash deal valued at US$710 million. The two companies combined will become the world's third largest PC vendor by shipments, at around 20 million desktops and laptops a year, and will transform Acer into a multibrand company. The Acer-Gateway deal still faces regulatory and shareholder scrutiny before being finalized. The boards of directors of both companies have already signed off on the agreement. Acer expects to gain $150 million worth of efficiencies via the Gateway deal, in expanding product lines, cross-selling products, cost cutting and in other ways. The Taiwanese company said Gateway employees would be critical to its success in expanding the brand, but did not say whether it would cut staff. Â
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Gateway Inc. on Monday said its personal computers will be sold at consumer electronics retail giant Circuit City Stores Inc. locations starting next month.
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Retailer will begin offering Gateway notebook and desktop PCs next month.
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Lenovo said it will try to win even more U.S. small business customers by selling its laptops at the computer retailer's stores.
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(InfoWorld) - Gateway has agreed to sell a unit targeting education, medium-size businesses, and government users to MPC for $90 million, the companies said Wednesday. MPC, of Nampa, Idaho, plans to combine the unit with its own operations to grow. The combined revenue of MPC and Gateway's Professional division would have been $1.2 billion last year, MPC said in a statement. MPC will gain a PC assembly facility in Nashville, Tennessee, as well as a portion of Gateway's Consumer Direct business, the companies said. The company will also immediately assume responsibility for all operations and warranty support associated with the Gateway unit. The deal is expected to close early in the fourth quarter of this year. Acer announced last week it wouldÂ acquire Gateway for $710 million. At the time, the companies said Gateway was in the process of selling off its professional business. Â
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(InfoWorld) - Acer's planned $710 million acquisitionÂ of U.S. PC vendor GatewayÂ won antitrust approval in the U.S. as the clock struck midnight Monday, Gateway said. The time marked the end of a 30-day waiting period in which the U.S. Federal Trade Commission or the Antitrust Division of the U.S. Department of Justice may intervene or request additional time to review the deal for possible antitrust violations. Not all transactions face antitrust scrutiny by the two U.S. agencies. Acer, of Hsichih, Taiwan, was forced to file with the agencies to notify them of its intention to buy Gateway and provide details of the proposed transaction due to the size of the deal. At the end of the day on Monday, the waiting period ended, Gateway said in a filing to the U.S. Securities and Exchange Commission. "The closing of the transaction remains subject to other customary conditions, including regulatory approvals in other jurisdictions which [Acer] anticipates will be satisfied over the next several weeks," Gateway said. Acer agreed to buy GatewayÂ in August. Once the acquisition closes, Acer will become the world's third largest PC vendor by shipments, at around 20 million desktops and laptops a year, and it will be transformed into a company with different PC brands. The boards of directors at both companies have already signed off on the agreement. Â
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Gateway Computer is returning to the Japanese computer market, which it abandoned in 2001. But analysts wonder whether the computer manufacturer can make much money there; the market is mature, and it is dominated by local brands.
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The founder of eMachines Inc. has offered $450 million to acquire the retail business of Gateway Inc., in a bid that intensified speculation about a possible buyout of the long-struggling PC maker.
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Computer manufacturer Gateway has added Micro Center to the list of retailers selling its new line of retail notebooks, desktops and monitors.
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IRVINE, Calif., Dec. 12  /PRNewswire-FirstCall/ -- Gateway, Inc., the nation's third-largest PC company, has signed a $2.2 million contract to provide Kansas City Kansas Unified School District with more than 1,000 of its award-winning Profile all-in-one desktop PCs.
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Gateway Inc. is expected to announce on Monday a new lineup of business desktops based on a new PC chassis design that removes heat from the system and can help extend the life of a PC, according to the company.
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The computer maker will sell its PCs through Digital China, while Dell will try to target upscale consumers in the country.
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Acer Inc. plans to acquire U.S. computer maker Gateway Inc. for $710 million in a deal that will push the Taiwanese company past China's Lenovo Group as the world's third largest vendor of personal computers.
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While rival Dell is turning to the retail channel to boost sales, Gateway said that it has begun selling into China.