HP acquires HyperXPC hardware company pays $425 million for gaming peripheral maker; deal does not include HyperX memory and storage linesBrendan SinclairManaging EditorWednesday 24th February 2021Share this article Recommend Tweet ShareCompanies in this articleHyperXHP today announced that it is acquiring HyperX from the gaming peripheral’s current parent, Kingston Technology Company.Under the terms of the deal, HP will pay $425 million for the brand, including HyperX’s various lines of headsets, keyboards, mice, microphones, and so on.However, the agreement leaves out some aspects of HyperX’s business, specifically its DRAM, solid-state drives, and other memory and storage products marketed to gaming audiences.”HyperX is a leader in peripherals whose technology is trusted by gamers around the world and we’re thrilled to welcome their outstanding team to the HP family,” said HP president and CEO Enrique Lores.”We continue to advance our leadership in Personal Systems by modernizing compute experiences and expanding into valuable adjacencies. 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.”Related Jobs3D Artist – Mobile Studio – Midlands UK & Europe Big PlanetProducer Indie Game Studio France UK & Europe Big PlanetSenior C++ Unreal Programmer – PC and Console Studio – Austria South East Big PlanetDiscover more jobs in games Kingston co-founder and CEO John Tu said he and Kingston COO David Sun “saw the possibilities for the HyperX business and its employees and we both realized that this change brings a brighter future for HyperX.”The deal is expected to close in the second quarter of this year.An HP representative told GamesIndustry.biz there will be no layoffs from the acquisition.Celebrating employer excellence in the video games industry8th July 2021Submit your company Sign up for The Daily Update and get the best of GamesIndustry.biz in your inbox. Enter your email addressMore storiesCEO says Paradox “can do better” as Q1 profits plummet”We are not satisfied with the quarter,” CEO Ebba Ljungerud saidBy Marie Dealessandri An hour agoStarbreeze’s Q1 losses shrink 95% to $505,000New CEO Tobias Sjögren says “the road ahead is clear” as Payday 3 is fully funded By James Batchelor An hour agoLatest comments Sign in to contributeEmail addressPasswordSign in Need an account? Register now.
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