Gateway Computers was founded in 1985 in Sioux Falls, SD. The original name of the company was Gateway 2000 and was a direct competitor of DELL in the direct to the customer sales channel. The company underwent many changes over the years due to financial challenges and the struggle to survive as an independent company. In 2007 the company was sold to Acer, Inc. The companies Gateway branded laptops are built in China. Used cheap laptops of the Gateway brand can represent a good value as they are typically "priced right".