{"id":20681,"date":"2021-02-24T19:58:08","date_gmt":"2021-02-24T16:58:08","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=20681"},"modified":"2026-03-27T20:35:00","modified_gmt":"2026-03-27T17:35:00","slug":"kingston-technology-to-sell-hyperx-gaming-division-to-hp-inc","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/kingston-technology-to-sell-hyperx-gaming-division-to-hp-inc\/","title":{"rendered":"Kingston Technology to Sell HyperX Gaming Division to HP Inc."},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><em>Fountain Valley, Calif.\u00a0\u2013\u00a0February 24, 2021\u00a0\u2013\u00a0<\/em><\/strong>Kingston Technology Company, Inc., a world leader in memory products and technology solutions, today announced a definitive agreement to sell HyperX, its gaming division, to HP Inc.\u00a0The acquisition supports HP\u2019s strategy to drive growth in\u00a0its Personal Systems business, where\u00a0gaming and peripherals are attractive segments. HyperX\u2019s\u00a0award-winning product portfolio spans a range of gaming peripherals, including headsets, keyboards, mice, mousepads, USB microphones, and console accessories.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHyperX is a leader in peripherals\u00a0whose technology is trusted by gamers around the world, and\u00a0we\u2019re thrilled to welcome their outstanding team to the HP family,\u201d said Enrique Lores, President, and CEO, HP Inc. \u201cWe continue to advance our leadership in Personal Systems by\u00a0modernizing compute experiences and expanding into valuable adjacencies. We see significant opportunities in the large and growing peripherals market, and the addition of HyperX to our\u00a0portfolio will drive new sources of innovation and growth for our business.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">PC gaming continues to be one of the most popular forms of video gaming, with the PC hardware industry anticipated being worth $70 billion by 2023. The global peripherals market is expected to grow to $12.2 billion by 2024, with gaming peripherals representing a disproportionate share of this growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHyperX products are designed to meet the most rigorous demands of all gamers \u2013\u00a0from casual to the most hardcore\u00a0\u2013 giving them a winning edge and helping them stay on top of their game,\u201d\u00a0said John Tu, co-founder and CEO, Kingston. \u201cBoth of our companies thrive because we focus on\u00a0our employees and share the same core values and culture. David Sun (Co-founder and COO) and I saw the possibilities for the HyperX business and its employees, and we both realized that this change brings a brighter future for HyperX.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">HP has built a large and growing global gaming portfolio in recent years, led by its OMEN brand and a world-class ecosystem of hardware, software, content, and services. The company continues to push gaming progression with powerful devices like the OMEN 15 gaming laptop and the HP Pavilion Gaming 16 laptop. Beyond devices, HP is driving software innovation with OMEN Gaming Hub, a destination for players to connect, customize, and explore their gear and games. Adding\u00a0HyperX to HP\u2019s broader gaming ecosystem will deliver innovative new experiences across everything gamers see, hear, and touch.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Under the terms of the agreement, HP will pay $425M, subject to customary working capital and other adjustments, to acquire HyperX\u2019s gaming peripherals portfolio. Kingston will retain the DRAM, flash, and SSD products for gamers and enthusiasts. The acquisition is expected to be accretive on a non-GAAP basis to HP in the first full year following closing. The transaction is expected to close in calendar Q2 2021, pending regulatory review and other customary closing conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fountain Valley, Calif.\u00a0\u2013\u00a0February 24, 2021\u00a0\u2013\u00a0Kingston Technology Company, Inc., a world leader in memory products and technology solutions, today announced a definitive agreement to sell HyperX, its gaming division, to HP Inc.\u00a0The acquisition supports HP\u2019s strategy to drive growth in\u00a0its Personal Systems business, where\u00a0gaming and peripherals are attractive segments. HyperX\u2019s\u00a0award-winning product portfolio spans a range of [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":20682,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":27,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[446,27],"tags":[],"class_list":["post-20681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-computers","category-gaming","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HyperX gaming division - Kingston to Sell to HP | Saudi Shopper<\/title>\n<meta name=\"description\" content=\"HyperX gaming division news: Kingston Technology to sell HyperX to HP Inc. in a deal supporting HP\u2019s Personal Systems growth. 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