HP buys gaming accessories brand HyperX: what is the price

HP announced a deal with Kingston and the purchase of its HyperX division.

What does it mean

Recall that HyperX is

the solid statedrives, DDR4 and DDR3 memory, USB flash drives, and gaming headsets and accessories. But HP will receive only gaming peripherals after the purchase, while gamer DRAM, flash memory and SSD will remain with Kingston.

“HyperX is a leader in peripheraltrusted by gamers around the world, and we're thrilled to welcome their distinguished team to the HP family, ”said Enrique Lores, President and CEO, HP Inc. “We see significant opportunities in the large and growing peripheral market, and the addition of HyperX to. our portfolio will open up new sources of innovation and growth for our business. "

By the way, HP already has the Omen gaming brand, but the company notes that the purchase of HyperX "will provide new innovative possibilities for everything that gamers see, hear and touch."

The deal will cost HP $ 425 million. It is expected to close in the second calendar quarter of 2021, but it still needs regulatory approval.

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