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Guru3D.com » News » HP Inc. Completes Acquisition of HyperX

HP Inc. Completes Acquisition of HyperX

by Hilbert Hagedoorn on: 06/01/2021 04:55 PM | source: | 2 comment(s)
HP Inc. Completes Acquisition of HyperX

HP today announced the completion of its acquisition of HyperX, the gaming division of Kingston Technology Company.

The acquisition supports HP’s strategy to drive growth in its Personal Systems business, where gaming and peripherals are attractive segments.

“We are delighted to officially welcome the incredible people of HyperX to HP. HyperX has built a loyal following among gamers and we look forward to further strengthening the HyperX brand,” said Alex Cho, president, Personal Systems, HP Inc. “This acquisition further advances our ability to create the compute experiences of the future, expand into valuable adjacencies, and unlock new sources of growth.”
HyperX’s award-winning product portfolio spans a range of gaming peripherals, including headsets, keyboards, mice, mouse pads, USB microphones, and console accessories.
As previously announced, the purchase price of the transaction was $425 million. The acquisition is expected to be accretive on a non-GAAP basis to HP in the first full year following closing.







« Advertorial U2Keys: Early summer sale: Windows 10 Pro for $7.42 and Office 2019 Pro for $25.81 · HP Inc. Completes Acquisition of HyperX · XPG to Launch New DDR5 Gaming Memory Modules in Third Quarter of 2021 »

rl66
Senior Member



Posts: 3374
Joined: 2007-05-31

#5916970 Posted on: 06/01/2021 09:00 PM
The acquisition doesn't include Ram and SSD product line that will stay Kingston.

Loobyluggs
Senior Member



Posts: 4710
Joined: 2008-09-07

#5916993 Posted on: 06/01/2021 11:11 PM
Called it.

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