HP Inc. completes acquisition of HyperX

HP Inc. today announced the completion of its acquisition of HyperX, the gaming division of Kingston Technology Company, said a press release.


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


“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.”

“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.”

Trends Stock

Trends Stock provides information about the latest and upcoming trends in the fields of technology, business, education and sports mainly in Pakistan. To keep pace with this fast growing age of development, one can easily build an opinion about the newest trends by scrolling through relevant sections of the website. The first hand reliable data eases the individual to analyze the cutting edge drifts in the related arenas while making any decision.

Previous Post
Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *