HP to buy HyperX Gaming Peripherals Brand from Kingston (who remains in the memory business)
Summary
HyperXs award-winning product portfolio spans a range of gaming peripherals, including headsets, keyboards, mice, mouse pads, USB microphones, and console accessories. We see significant opportunities in the large and growing peripherals market, and the addition of HyperX to our portfolio will drive new sources of innovation and growth for our business." "HyperX products are designed to meet the most rigorous demands of all gamers - from casual to the most hardcore - giving them a winning edge and helping them stay on top of their game," said John Tu, Co-founder and CEO, Kingston. HP has built a large and growing global gaming portfolio in recent years, led by its OMEN brand and a world-class ecosystem of hardware, software, content, and services. Under the terms of the agreement, HP will pay $425 million, subject to customary working capital and other adjustments, to acquire HyperXs gaming peripherals portfolio.
Classifications
AskAI Classifications
LabelsLinked Companies
