HP Inc. has completed the acquisition formalities of HyperX, the gaming division of Kingston Technology Company. The acquisition is worth $425 million.
With this acquisition, HP geared up for further growth in its Personal Systems business.
Alex Cho, president, Personal Systems, HP Inc., said:
“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. This acquisition further advances our ability to create the compute experiences of the future, expand into valuable adjacencies, and unlock new sources of growth.”
HyperX’s range of products include gaming peripherals, including headsets, keyboards, mice, mouse pads, USB microphones, and console accessories.