Gateway completes eMachines buy

Gateway said Thursday that it has completed its acquisition of low-cost retail PC leader eMachines, a move that will take the company further from its roots as a direct computer specialist.

Poway, Calif.-based Gateway said it is still evaluating how best to blend its direct sales effort with the retail method used by eMachines. However, Gateway said it expects its increased size to allow it to return to sustained profitability next year. "This is a great day for both Gateway and eMachines," Gateway founder Ted Waitt said in a statement. "While there is considerable work ahead for us, I am confident that we will make fast progress at building a successful, profitable and growing company."

News source: C|Net

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