Gateway sells professional biz unit to MPC
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Hopes to milk consumer channels worldwide Gateway is to sell its education, government and SMB arm of the business to MPC Corporation in a deal valued at about $90m.â¦
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IBM Corp. is selling its personal computer business to China&#39;s largest PC maker in a $1.25 billion deal that marks the end of an era for the company that made &quot;PC&quot; a household word.
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Cisco has reached an agreement to buy P-Cube, a developer of IP control software, in a deal valued at about $200 million. P-Cube&#39;s software is used by broadband service providers to monitor, control and bill for IP services.
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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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Gateway computers will be more widely available at Office Depot, in the PC maker&#39;s latest move to broaden distribution at retail stores since acquiring rival eMachines this year.
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Computer maker Gateway Inc. on Tuesday said it agreed to buy back about $316 million of its stock from Internet provider America Online Inc.
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International Business Machines Corp. Tuesday agreed to sell its personal computer business to China&#39;s largest computer manufacturer, backing out of a market the venerable technology
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Acer on Wednesday announced the completion of its acquisition of Gateway, making it officially the third largest PC vendor in the world.
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BURNABY, BC (CP) - Major unitholders of the Gateway Casinos Income Fund are selling half their controlling stake in one of Western Canada&#39;s biggest casino operators.
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KANSAS CITY, Mo. -- Gateway Inc. will outsource several technical and manufacturing units by Sept. 30, laying off hundreds of workers in Kansas City and North Sioux City, S.D., the company confirmed yesterday.
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Networking giant buys start-up P-Cube, a maker of software for controlling, monitoring and billing for IP services.
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Gateway plans to overhaul its consumer PC lineup Thursday with new configurable models that will be sold exclusively through the company's Web site and call centers.
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The software maker creates a single business unit to handle its IP television, Media Center PC and HD-DVD efforts.
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TAIPEI, Taiwan -- 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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Circuit City is set to offer Gateway PCs beginning next year.
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Transport group CNF Inc. (CNF.N: Quote, Profile, Research) said on Tuesday it sold its Menlo Worldwide Forwarding unit to United Parcel Service Inc.
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Taiwan-based Acer Inc. will acquire Gateway Inc. for $710 million in a deal designed to give the long-struggling US computer maker the size it needs to compete against larger players, the companies said yesterday.