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HyperX | Benzinga

HyperX | Benzinga
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HP acquires HyperX for $425 million

HP acquires HyperX for $425 million
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HP acquires HyperX

PC hardware company pays $425 million for gaming peripheral maker; deal does not include HyperX memory and storage lines

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HP Inc to acquire HyperX Gaming Division from Kingston for USD 425 million

Mithun Mohandas | Published on 24 Feb 2021 HP Inc. announced a definitive agreement to acquire HyperX, the gaming division of Kingston Technology Company, for USD 425 million. This acquisition will include Kingston’s HyperX portfolio which consists of gaming peripherals such as gaming keyboards, mice, headsets, mouse pads, microphones and console accessories. Kingston will retain the SSD, flash and DRAM business which also serves enthusiasts and gamers. The existing SSD, flash and DRAM models under the HyperX brand could either be moved to the Kingston brand or we might see a new brand being announced by Kingston. As of now, little is known about this. HP has its own line of gaming products under the HP Omen (also written as Omen by HP Gaming) brand which primarily consists of gaming laptops and desktop PCs, and also has peripherals. Although, the peripherals don’t have the same recognition as HyperX.

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HP buys gaming peripherals maker HyperX for $425 million

Image: HyperX HyperX, the well-known maker of gaming headsets, keyboards, and other peripherals, will be acquired by HP Inc. in a deal worth $425 million, HP announced on Wednesday. HyperX is the gaming division of Kingston Technology Company; HP is acquiring that division from Kingston, not the entire company. Kingston will continue to make DRAM, flash, and SSD peripherals for the enthusiast market, according to a statement from HP. Related HP said HyperX will bolster the company’s portfolio of gaming products, which has grown over recent years. The company has been trying to crack a lineup comprised of more established brands like Corsair, Logitech, and Razer, with HP offering its line of Omen-branded mice, headsets, monitors, and other hardware.

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