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310 million dollars

HP To Acquire HyperX for $425 Million

HP today announced that it’s reached an agreement with Kingston Technologies to acquire HyperX in a deal worth approximately $425 million. The company said that, pending regulatory approval, it expects the deal to close sometime in 2Q21. It seems like HP plans for HyperX and Omen to co-exist. The company said in the announcement that “adding HyperX to HP’s broader gaming ecosystem will deliver innovative new experiences across everything gamers see, hear, and touch.” HyperX won’t be HP’s only gaming-focused brand. The company already offers a line of Omen products that includes laptops, pre-built desktops, monitors, keyboards, mice, headsets, and a few miscellanies bundled as “gear” on the brand website. HP said in the announcement that it expects the HyperX acquisition to “be accretive on a non-GAAP basis to HP in the first full year following closing.” Then the only question will be if the HyperX brand will be able to last longer than VoodooPC did . … [Read more...] about HP To Acquire HyperX for $425 Million

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