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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.
More details on the integration will begin emerging in the weeks and months ahead. In the meantime, this section of Gateway.com is dedicated to providing further information and timely updates about the company's plans as they unfold.
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