Feeds

eMachines has new owner

Restraining order expires

  • alert
  • submit to reddit

Internet Security Threat Report 2014

eMachines has, officially, a new owner. This is Lap Shun "John" Hui, a founder and director of eMachines, and sole owner of EM Holdings which has bought the budget PC maker for $161m.

Not such a surprise this, as the transaction was agreed and had been in the public domain since November.

However, at the eleventh-and-a-half hour, a US district court froze the deal, pending an application for a review of terms by a disgruntled class action litigant. Called John Hock, this intervenor plaintiff argued that the deal did leave enough money to settle a suit accusing the company of supplying some PCs with defective floppy disk controllers.

The restraining order expired on December 28 - Hock had until December 31 to post a $5,000 bond with the court to argue his case. Doesn't look like it got that far. ®

Related stories

One man+dog derails eMachines takeover
Emachines sells itself to founder

Providing a secure and efficient Helpdesk

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.