Gateway has become the latest PC vendor to jump on the ecommerce bandwagon.
It has joined forces with the ecommerce subsidiary of New England Circuit Sales (NECX) to launch a new Web site, Spotshop.com, which will sell up to 30,000 Gateway branded products and third party hardware and software.
As part of the deal, the PC supplier has taken a 19.9 per cent or $21 million stake in the NECX Office and Technology Center, which will operate the site.
The two also plan to offer customers spending more than $1,000, 150 hours of free Internet access per month through gateway.net. After that, users will pay $1.50 per hour.
Gateway is also creating its first financing division to underwrite PC leases, which are sold as part of its socalled Yourware consumer leasing scheme. Such leases were previously handled by US financial services giant, MNBA.
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And becomes the team's executive chairman to boot