HP buys gaming peripherals maker HyperX for $ 425 million



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HyperX, the well-known maker of gaming headsets, keyboards and other peripherals, will be acquired by HP Inc. in a deal worth $ 425 million, HP said Wednesday.

HyperX is the gaming division of Kingston Technology Company; HP is buying this division from Kingston, not the entire company. Kingston will continue to manufacture DRAM, flash and SSD devices for the hobbyist market, according to a statement from HP.

HP said HyperX will strengthen the company’s gaming product portfolio, which has grown in recent years. The company attempted to create a line made up of more established brands such as Corsair, Logitech and Razer, with HP offering its line of Omen-branded mice, headsets, monitors and other hardware.

“We see significant opportunities in the large and growing peripheral market,” said Enrique Lores, President and CEO of HP, in a statement, “and the addition of HyperX to our portfolio will stimulate new sources. innovation and growth for our company. ”

For existing HyperX owners, The Verge reports that the Ngenuity companion app they are using will continue as normal and will not be integrated with the Omen Control Center which supports HP hardware.

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