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. Wayne Inouye, a seasoned executive responsible for eMachines' dramatic
turnaround, was named president & CEO of Gateway in March. He immediately refocused the company's efforts on its core PC business and
convergence products like Media Center PCs, MP3 players and digital displays. The company moved its headquarters to Irvine, Calif. in
Gateway is now the third largest PC company in the U.S. and among the top ten worldwide. The company'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.
Wayne Inouye President & CEO Oversees
Gateway’s overall strategy and day-to-day operations.