Sources close to Gateway 2000 said that the company is in renewed negotiations to sell itself off.
That follows an attempt by chief executive Ted Waitt to sell the company to Compaq last spring, as reported by 'VNU Newswire'.
But Compaq is not interested in Gateway any more, according to the insider. He said: "A more likely candidate is one of the consumer companies - possibly Sony."
A Gateway spokesperson said: "It is not the company's policy to comment on these types of rumours."
If the deal comes off, it is likely to be announced at the prestigious ECS consumer electronics show in Las Vegas, this week, he added.
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