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Hui will buy InFocus

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High Five
Tuesday, May 26, 2009

The next stage for InFocus begins with an announcement by California entrepreneur John Hui: He will be buying the company after months of consideration by the InFocus board.

Southern California technology entrepreneur John Hui plans to announce this morning that he's acquired 91 percent of InFocus Corp., essentially sealing his plan to buy the Wilsonville company for $39 million in cash, or 95 cents a share.

InFocus executives said Monday that they believe the sale could close as soon as this week.

Read the full story at Oregonlive.com.

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