HP announced the completion of its acquisition of HyperX, the gaming division of Kingston Technology Company, for $425 million.
The acquisition supports HP’s strategy to drive growth in its Personal Systems business, where gaming and peripherals are attractive segments.
“HyperX has built a loyal following among gamers and we look forward to further strengthening the HyperX brand,” said Alex Cho, president, Personal Systems, HP Inc. “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 product portfolio spans a range of gaming peripherals, including headsets, keyboards, mice, mouse pads, USB microphones, and console accessories.
