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Hewlett-Packard To Acquire HyperX

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Hewlett-Packard Acquires HyperX

Hewlett-Packard made a fascinating publicity today as the company came out with its intention to obtain HyperX. Meanwhile, The brand is currently the gaming division of Kingston Technology Company, and have thus manufactured quite a successful line of gaming peripherals. Hewlett-Packard isn’t kin to the production of such catalog as their main focus over the past years were channeled to office gears and equipment, However, the Office gear production company is intending to add a new line of items to their catalog from now. HP will be adding some gaming items like gaming headsets, keyboards, mice, mousepads, USB microphones, and console accessories all geared toward gamers. According to the announcement.

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The company is expected to pay massive budgeted sum of $425 million to acquire the brand, However, Kingston Technology will retain the DRAM, flash, and SSD  gaming products. Furthermore, this deal would pave way for the company to be in the middle of several esports deals and sponsorships. Moreover, this rely sorely on how the company get to manage it. Again, it’s going to stand as a big boost to a lot of teams. in a statement made by both companies which shows how delighted they are about the deal as they both sign all documentation necessary. 

Enrique Lores, who happens to be the President and CEO, HP Inc. said “HyperX is a leading peripherals whose technology is trusted by most gamers all around the world and we’re no doubt thrilled to be  welcoming their outstanding team to the big family of Hewlett-Packard,”We continue to advance our leadership in Personal Systems by modernizing compute experiences and expanding into valuable adjacencies. In addition, he said 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.”

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Moreover, the Co-founders and CEO, Kingston Technology John Tu and David Sun also expressed their delight in the suppose success deal saying “HyperX products are designed to meet the most rigorous demands of all gamers from both casual to the most hardcore thus giving them a winning edge and helping them stay on top of their game”. Furthermore, he continued saying  “both Hewlette-Packard and HyperX thrive because we focus on our employees and share the same core values and culture.  As Co-founders and COO of HyperX, we saw the possibilities for the HyperX business and its employees and we both realized that this change will thus bring a brighter future for HyperX.”

Hence we just have to wait and see this deal finalized and materialize.

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