Haha, yeah. Packard Bell was originally an American radio manufacturer, later it was acquired by Teledyne. In 1986, some guy bought the Packard Bell name and made a computer company out of it. They were known for their low-cost, low-budget PC's, just like eMachines, but they had a reputation for low quality and poor reliability. Adding in to make things worse, they used parts that were especially hard to come by, making replacement/upgrading difficult or impossible. Things got so bad that they eventually withdrew from the US market entirely in 2000. However, they still remain as a popular brand in Europe, under Packard Bell Europe. In 2004, they revamped the company and started going into new markets and became the No. 1 computer manufacturer in Europe, even outselling Dell by over 1,800 PC's. They are wholly owned by NEC as of now.
Yeah, they're old. I remember one of my family's first PC's was a Packard Bell. It used those old CD drives that required you put your CD's into a case/tray thing and insert it in, instead of the current tray coming in and out.