Following the announcement of HP’s HyperX purchase request, which appeared in the past weeks, it was also announced that the purchase was completed.
One of the most experienced companies in computer and hardware HP, HyperX announced that the acquisitions have been completed. In a statement they made in the past weeks, the company announced that they wanted to buy HyperX, which operates in the game and peripherals segment, and that initiatives have started for this. Today, it has been announced that this acquisition has been completed and HyperX has joined HP. The official statement and details on the subject are as follows;
HyperX acquired by HP for $425 million
HP Inc. announced today that it has completed the acquisition of HyperX, the gaming unit of Kingston Technology Company. This acquisition supports HP’s existing growth strategy for its Personal Systems business in the gaming and peripherals segment.
HP Inc. Personal Systems President Alex Cho in his speech; “We are pleased to officially host the employees who made HyperX a success at HP. HyperX has built a loyal following among gamers and we look forward to further strengthening the HyperX brand.” “This acquisition will further our capabilities to create future technological experiences, access valuable partnerships and unlock new sources of growth.”
HyperX’s award-winning product portfolio includes a variety of gaming peripherals, including headsets, keyboards, mice, mouse pads, USB microphones and console accessories. covers. As previously announced, the purchase price of the transaction is $425 million. The acquisition is expected to be added to HP on a non-GAAP basis in the first full year after closing.