emachines former type subsidiary industry personal computers founded september 1998 ; 18 years ago 1998 09 defunct 2013 headquarters irvine california us owner gateway parent acer inc. website www.emachines.com emachines was a brand of low end pcs based in irvine california . emachines employed about 135 employees and sold between one and two million computers each year before its purchase on january 30 2004 by rival gateway computers . gateway in turn was acquired by taiwanese personal computer manufacturer acer in october 2007 and emachines was used as a name brand for pcs until 2012 . in early 2013 emachines ceased operations . history edit emachines was founded in the united states on september 1998 1 backed by south korean monitor maker korea data systems kds korean computer manufacturer trigem and various other investors citation needed . the company announced pc models at prices of 399 499 and 599 all without a monitor . at the time few pcs sold for less than 699 and 999 was a more common price point for entry level pcs . the first units shipped in november of the same year . emachines pcs quickly became common in retail stores and touched off a price war involving compaq hewlett packard hp ibm and packard bell . emachines pcs were frequently offered with large rebates provided the consumer signed a long term contract with an internet service provider driving down the price further . in march 2000 hoping to further cash in on the dot com boom emachines filed an initial public offering with its share price set at 9 . but with thin profit margins and declining sales the company quickly started losing money and received a threat of being delisted by nasdaq in late december 2000 . its stock price which had peaked at 10 had fallen as low as 14 cents . the company went private in december 2001 . in december 2003 emachines released the t6000 desktop the world s first mass marketed amd athlon 64 based system retailing at us 1 150 . the systems were primarily sold through best buy stores but the pcs were also available online . emachines were also the first company to sell notebooks based on the amd mobile athlon 64 with the launch of its m6000 series in january 2004 . in july 2004 emachines began to shake the perception that their computers were of poor quality when pc magazine reported among systems less than a year old emachines users report the fewest serious problems . emachines low cost pcs are less likely to need repairs than systems from any other vendor . whereas only 9 percent of emachines desktops less than a year old needed repairs according to readers the rates of comparably new systems from dell and gateway needing repairs were 11 and 15 percent respectively . only 1 percent of all emachines systems needed to be replaced . 2 emachines was acquired by gateway in march 2004 for 262 million in cash and stock . under the deal wayne inouye ceo of emachines became ceo of gateway replacing founder ted waitt . gateway itself was purchased by acer in october 2007 . in june 2011 emachines released bios update version 1.09 for the netbook model em350 which after flashing the bios caused the machines to stop functioning i.e. version 1.09 bricked any em350 it was installed on . the failure occurred on all em350 netbooks on which it was loaded . 3 emachines subsequently withdrew bios version 1.09 from its website . during the 2013 consumer electronics show jerry kao associate vice president of acer announced the emachines brand had been discontinued . 4 references edit emachines is fourth in u.s. sales of pc s published march 31 1999 nytimes.com metz cade . emachines pcmag.com 14 july 2004 . help with a insyde h2o bios emachines 350 netbook athow desire . ces 2013 acer vp confirms emachines death discusses windows rt windows 8 ultrabooks & chromebooks . itproportal . retrieved 24 january 2013 . external links edit wikimedia commons has media related to emachines . v t e acer inc. brands acer gateway packard bell products personal computers consumer aspire 8920 aspire desktop aspire notebook aspire one aspire predator aspire revo aspire timeline gemstone series gateway netbooks business extensa travelmate veriton tablet computers iconia 6120 iconia tab iconia tab a500 iconia w510 iconia w700 iconia tab 8 iconia tab 10 mobile phones liquid a1 e e2 e700 m220 m330 jade metal z5 z200 z220 z330 z410 z500 z520 z530 z630 betouch betouch e100 e101 betouch e110 betouch e120 betouch e130 betouch e140 betouch e200 betouch e400 neotouch neotouch p300 neotouch p400 neotouch s200 other allegro cloudmobile s500 dx900 f900 stream x960 tempo other at series clear.fi acer ferrari products n series n50 n311 pica value line micro professor mpf i microprofessor ii microprofessor iii other aopen smiling curve stan shih category retrieved from https en.wikipedia.org w index.php title emachines & oldid 729149216 categories acer inc.defunct companies based in californiacompanies established in 1998computer companies of the 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