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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.
The company—previously called Gateway 2000—received national acclaim in 1991 when it introduced its distinctive cow-spotted boxes, a tribute to its farm heritage. In 1993, it cracked the Fortune 500 and went public, trading on the NASDAQ before moving to the New York Stock Exchange in 1997. The following year, Gateway shifted its headquarters from North Sioux City, South Dakota, to the San Diego area. In early 2004, the company acquired eMachines, one of the world's fastest-growing and most efficient PC makers. The company moved its headquarters to Irvine, California in September 2004.
In October 2007, Gateway was acquired by Taiwan-based Acer Inc., and the combined entities now comprise the third-largest PC company in the world.
Gateway's value-based eMachines brand is sold exclusively by leading retailers worldwide, while the premium Gateway line is available at major retailers, over the phone and Web, and through its direct sales force.
Gateway always has been devoted to treating customers with respect and decency while focusing on service, quality and value. It consistently ranks among the industry's top companies in customer loyalty, an accomplishment the company and its employees prize highly.
Gateway, since its earliest days, has pioneered numerous industry trends and practices. It was the first PC company to offer systems with color monitors as standard, the first to offer a standard three-year warranty and the first to commercially explore convergence of the PC and television. It was one of the nation's early "bricks and clicks" retailers, and it was among the first direct retailers to sell its own branded consumer electronics with the launch of the highly successful Gateway® plasma TV and digital display.
As Gateway pushes into new frontiers, it remains dedicated to its original objective of helping people improve their lives through technology. |
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