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Gateway ditches direct sales model, goes purely indirect


Gateway, long known for its (once) very active direct sales model, is continuing to morph as it attempts to revitalize itself. The most recent strategic change is pretty remarkable -- the outfit is completely and thoroughly ditching the aforesaid direct sales model. From here on out, prospective customers will only be able to snag a Gateway PC from retailers, e-tailers and other channel partners. According to the official verbiage, the change will deliver "significant cost savings, ultimately resulting in an improved value proposition for consumers." This all seems to have quite a bit to do with the recent Acer acquisition, with Mark Hill, Acer Group US General Manager, stating that Gateway is "shifting its distribution method to better align with Acer's successful global strategy, which was built upon an indirect model." At this point, we suppose it can't hurt to give it a whirl.

[Via Electronista, image courtesy of The New York Times]

Sprint Nextel sells off "nearly all" of its towers to TowerCo for $670 million


Details are scarce right now, but you can make of it what you will. Sprint hasn't been in the best of situations since it acquired Nextel in 2005, and while this move may not be seen by everyone as definitively negative, it certainly is worth noting. The flagging carrier sold off "nearly all" (around 3,300) of its wireless communication towers to TowerCo for some $670 million in cash. According to Sprint Nextel's Bob Azzi, the move to lease rather than own these network facilities will enable it to "better focus on its core business of providing communications services to consumers, businesses and government customers." He continued by noting that the transaction "provides Sprint Nextel with additional liquidity [for] greater flexibility in managing the company." Whatever you say, sir.

[Via InformationWeek]

MSI to reportedly build LG's X110 netbook


MSI has been pretty successful with the Wind, wouldn't you say? Yeah, so would LG. Reportedly, LG is hoping to solicit MSI's services in order to craft its own X110 netbook. The mini laptop will purportedly boast an 8.9-inch panel, 120GB hard drive, 2GB of RAM and Windows XP runnin' the show. Interestingly, the price is expected to hover between $625 and $790 as it focuses on "design and material quality" rather than low cost. Anxious to see how that move plays out, aren't you?

Hector Ruiz steps down as AMD CEO


Don't say the writing wasn't already littering the walls, because it was. Just months after AMD hacked its workforce by 10% and let its CTO walk away without being replaced, the company's second CEO after Jerry Sanders has spent his last day in AMD's biggest corner office. Hector Ruiz has decided to walk away from his role in the flagging outfit, leaving his right hand man (that would be Dirk Meyer) to take over whatever there is to take over. Of note, Mr. Ruiz will still have ties with the company as he remains on its board of directors as "executive chairman," though it's hard to say how much influence he'll have from there. Really though, what's next?

[Thanks, nehemoth]

Syntax-Brillian waves the white flag, files for Chapter 11 bankruptcy

So yeah, apparently that whole attempt to "streamline operations" back in April didn't go over so well, as Syntax-Brillian -- you know, that firm neck deep in panel partnerships and responsible for Olevia HDTVs -- has just filed for Chapter 11 bankruptcy. The Arizona-based company has also "entered into a deal to sell certain of its assets to a newly created company called Olevia International Group LLC," which has agreed to pick up some $60 million of its secured debt. We're also told that operations in Tempe have ceased, and "about eight employees" (including the finance chief, general counsel and finance staff) are sticking around with nothing better to do.

[Thanks, Paul]

Sony Ericsson issues second profit warning of the year, hopes to break even in Q2


Although Sony Ericsson just churned out a rather impressive array of new handsets this month, it seems the outfit is still having trouble securing record-setting profits. Truthfully, it's struggling to break even, as evidenced by the second profit warning of 2008 that was issued last week. SE is pinpointing "disappointing European sales of its mid- and high-end mobile phones" as the reason it will likely not see a profit in Q2, and some analysts are suggesting that shipment delays and a dearth of low-end handsets also carry a share of the blame. 'Course, the hotly-anticipated Xperia X1 could certainly make for a lovely Q3, but only time will tell if enough folks shell out for it to make a difference.

Zappos hires robots to take over inventory floor


Just think -- Zappos has been shipping out shoes .9284 minutes after you order them for years with mere humans running the show. Now, your new kicks will likely be at your doorstep moments after you think of ordering them. Said e-tailer has just completed implementation of Kiva Systems' Mobile Fulfillment System, which will see "a fleet of Kiva's mobile robotic drive units and inventory storage pods" hit the company's Shepherdsville, Kentucky facility. The move is being made to keep its distribution system in tip-top shape even with the addition of new products outside of just footwear, and unless some of those mechs grow a mind of their own, we'd say things should pan out just fine.

[Via CNET]

Maxdata runs aground, files for insolvency


Just a few months ago, we were all checking out Maxdata's Belinea s.book 1 Mini-Note and expecting huge, just huge things from the company. Fast forward to today, and you'll find those hopes and dreams essentially smashed. According a post on the outfit's website, it has "filed for insolvency proceedings at the Local Court in Essen due to pending illiquidity." Maxdata blames the "high pressure of competition and the immense fall in prices in the IT industry" as the primary reasons for its downfall, and it also makes note that a restructuring effort that launched in 2006 was ineffective (you think?). As it stands, management is now attempting to continue business "with the support of the insolvency administrator, securing as many jobs as possible" and retaining the Maxdata / Belinea brands. Good luck out there, it's a long climb back to the top base.

[Thanks, Jari]

European Commission approves Nokia's acquisition of Trolltech


Not like we were really suspecting any issues or anything, but the European Commission has just made public its "unconditional approval" of Nokia's "voluntary tender offer for all the shares in Trolltech ASA." In other words, Nokia's acquisition of Trolltech is officially complete, with today being the final day in which the latter company is listed on the Oslo Stock Exchange. Such a cute couple, don't you think?

Intel spearheads SpectraWatt spin-off to create photovoltaic cells


Famed chip maker Intel is doing more than just buying up Renewable Energy Certificates like they're going out of style. It's cranking things up with a spin-off outfit that will soon be creating photovoltaic cells for solar module makers. Intel Capital is pouring some $50 million into SpectraWatt Inc., and it's being joined by Cogentrix Energy, PCG Clean Energy and Technology Fund and Solon AG. Aside from making that dough, the new company will also "concentrate development efforts on improvements in current manufacturing processes and capabilities to reduce the cost of photovoltaic energy generation," and if everything goes smoothly, it should break ground on its manufacturing and development facility in Oregon in 2H 2008 (with product shipping in mid-2009).

Acer promotes Gianfranco Lanci to CEO, J.T. Wang becomes Acer Group CEO

It's not like Acer's Gianfranco Lanci (shown right) was hurtin' for cash -- after all, the guy was (and still is) president of the company -- but there's just nothing quite like slapping "and CEO" on the end of said title. Approved by the outfit's Board of Directors today, Mr. Lanci has been promoted to Chairman, while the previous CEO, J.T. Wang, will serve as Acer Group CEO. From what we can tell, there's no hard feelings about any of the moves, and c'mon, it is nice to move from one corner office to another every now and then, you know?

[Via PCWorld]

SanDisk acquires MusicGremlin, slips it in front pocket


Quite a bit of time has elapsed since we last saw fit to mention MusicGremlin on these pages, but the long-lost outfit has found itself relevant again thanks to SanDisk. Announced today, the latter firm has acquired the former, and we're told that the acquisition will (expectedly) fall under the Sansa audio / video business unit. According to Daniel Schreiber, general manager and senior VP of the aforesaid unit, MusicGremlin's "digital distribution platform and capabilities will provide SanDisk with adaptive and innovative technology that will play a key role in the development of future Sansa products for consumers," though he didn't elaborate much beyond that. To be frank, we have some serious respect for the Sansa line as-is, so we're quite interested to see what impact (if any) this will eventually have on the crew we've come to know so well.

HP's Blackbird 002 gets exclusive configuration for retail launch


Just because you haven't seen one on every street corner doesn't mean that HP's Blackbird 002 gaming rig hasn't been around the block a time or two. Still, those of you who haven't found the nerve (or spare change) to pull the trigger can look forward to being tempted even more this summer. Starting soon, the Blackbird 002 will be available in an exclusive configuration at Amazon, NewEgg and select Best Buy, Circuit City, J&R and Micro Center locations. This launch marks the first time the unit has sashayed into B&M outlets, and packed within will be an Intel Core 2 Quad Q9450 processor, dual NVIDIA GeForce 9800 GT graphics cards, 4GB of Corsair Dominator RAM, 500GB SATA drive, 7.1-channel onboard HD audio, a 15-in-1 multicard reader, 900-watt power supply and an nForce SLI motherboard with RAID support. Said config will run customers $3,299, and a list of locations from which to buy it will be made available on June 29th.

TomTom / Tele Atlas a done deal, Nokia / NAVTEQ moving in that direction


Coincidence is a funny beast, is it not? On the very same day, releases have been put out touching on both of the major navigation deals that have long since been pending. To kick things off, we've got TomTom and Tele Atlas in quite the celebratory mood, as TomTom intends for Tele Atlas' listing on Euronext Amsterdam and on the Frankfurt Stock Exchange "to be terminated as soon as legally possible." Can't blame a brother for wanting what's his, right? Moving on, we're hearing that Nokia will receive clearance from EU regulators "to buy digital map supplier NAVTEQ, as no formal charges are to be levied against the deal." It's also noted that the time for sending a statement of objections has passed, so from the outside looking in, it seems the two can at least move forward with their plans.

[Via Washington Post]

Read - TomTom / Tele Atlas deal
Read - Nokia / NAVTEQ deal

Verizon "in talks" to buy Alltel for $27 billion


Verizon has certainly courted Alltel before, but this time, the two could finally be rounding third base. According to a breaking report at CNBC, Verizon is "in deep in talks to acquire Alltel," which of course is America's fifth largest wireless carrier. It's no secret that Alltel has been riding fairly high of late, and unless your memory is totally shot, you'll likely recall that it was just recently "taken private by TPG and Goldman Sachs Capital Partners in a $27.5 billion deal." Not surprisingly, officials at both outfits refused to comment on the rumblings, but if this does indeed go down, analysts are expecting Verizon to pay around 8x Alltel's current EBITDA, whereas TPG / Goldman Sachs paid 9.2x. We'll keep you posted on any developments.

Update: The talks have been confirmed by Vodafone which owns a 45% stake in VZW.



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