av news
This Month's Featured Equipment Reviews
ZenWave Cables and SurgeX ZenWave Edition Review
REDGUM BLACK RGi35ENR Integrated Amplifier Review
Linear Tube Audio MicroZOTL 2.0 Headphone Amp & Preamp Review
iFi Micro iUSB 3.0 & Gemini USB Cable Reviews
Marantz M-CR611 Network CD Receiver Review
Latest AV News
AV News Forum Topics:
InFocus Purchased by Founder of eMachines Print E-mail
Tuesday, 14 April 2009
ImageInFocus will be acquired by Image Holdings (IHC), a company founded and controlled by John Hui of eMachines.  The deal will see an all cash tender offer amounting to about $39 million, after outstanding shares are purchased at 95 cents a piece. Despite successes in the home theater realm in the past, the weak economy has forced InFocus to cut back on its home theater operations and focus on its core, corporate and institutional products. This, along with several top personnel leaving, left InFocus with few options. The deal to make InFocus a wholly-owned subsidiary of IHC is set to be finalized in the second quarter of 2009.

Like this article? Bookmark and share with any of the sites below.
Digg!Reddit!Del.icio.us!Google!StumbleUpon!Yahoo!Free social bookmarking plugins and extensions for Joomla! websites!

  home theater news  |  equipment reviews 
  blu-ray reviews  |  dvd  |  theatrical reviews  
  music download reviews  |  music disc reviews
  contact  |  about-us  |  careers   |  brands 
  RSS   |  AVRev Forums
  front page  |  virtual tours  |  dealer locator
  how to features  |   lifestyle & design articles
  Want Your Home Theater Featured on MHT?
   CE Partners: HDD  |  HDF  |  VGT  |  SD  |  DVD
  Advertise with Us | Specs | Disclaimer | Sponsors
  privacy policy | cookie policy | terms of use
  909 N. Sepulveda Blvd. El Segundo, CA 90245
  Ads: 310.280.4476 | Contact Us
  Content: 310.280.4575 | Mike Flacy