HP Inc. has announced the definitive agreement, to purchase HpyerX from the Kingston Technology Company. HP is looking to continue expanding their gaming business. This will include all HyperX peripherals including their headsets, microphones, keyboards, mice, and more. The purchase price for HyperX from Kingston Technology Company will be $245 million. The deal should be completed the second quarter of 2021. Kingston will continue making it’s SSD, flash, DRAM products for pc builders.
“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 Enrique Lores, President and CEO, HP Inc. “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.”HP Inc. Press Release on buying HyperX
How HP Inc. will utilize this new resource will be unraveled in the future. You can read the press release here which features more information on the purchase.