Acquisition
Back in February, we revealed that HP was set to acquire the HyperX brand, the gaming subsidiary of Kingston Technology. HyperX has been the gaming branding for Kingston Technology over the years, with memory, flash, SSDs and peripherals all marketed under the HyperX banner. Like many companies with its own gaming-focused brand, Kingston has kept the brand as a disaggregated entity in strategy and marketing. Today, the acquisition by HP of the HyperX brand has been completed for a fee of $425 million, with the acquisition accretive on a non-GAAP for the first full year of ownership. HyperX has been synonymous with the gaming industry for years, from its popular and well-priced Cloud series of gaming headsets to its SSD storage drives and all the...
HP is Acquiring HyperX for $425 Million
In some unexpected news today, HP and HyperX (formerly a division of Kingston) have jointly released a statement that HP is to acquire HyperX gaming peripherals portfolio, and the...
14 by Dr. Ian Cutress on 2/24/2021
Corsair Acquires Origin PC
Corsair on Wednesday said that it had acquired Origin PC, a well-known boutique PC maker from the USA. Origin PC will remain a separate brand from Corsair and will...
34 by Anton Shilov on 7/24/2019
Marvell Selling Wi-Fi And Bluetooth Portfolio To NXP For $1.76B
Marvell this morning has announced that it is selling off its Wi-Fi and Bluetooth chipset business to NXP Semiconductors in a $1.76 billion cash transaction. This business unit includes...
4 by Billy Tallis on 5/29/2019
OWC Acquires AKiTiO, Creates Peripheral Powerhouse
OWC on Thursday announced that it had acquired AKiTiO, creating one of the industry’s largest suppliers of storage and other peripherals aimed at professionals and prosumers. One of the...
1 by Anton Shilov on 1/3/2019
Renesas to Buy IDT, Expand Product Portfolio
Renesas this month has announced plans to acquire IDT, making the move as part of a larger bid to expand its product portfolio with IDT's analog mixed-signal capabilities. The...
8 by Anton Shilov on 9/17/2018
Marvell Completes Acquisition of Cavium, Gets CPU, Networking & Security Assets
Marvell on Friday announced that it had completed its takeover of Cavium. The combined company will have a broad portfolio of IP and patents that promise to enable the...
15 by Anton Shilov on 7/9/2018
Broadcom-Qualcomm Takeover Blocked By White House on National Security Grounds
Stepping into the increasingly wild saga that has been Broadcom’s efforts to purchase Qualcomm, the US government is now weighing in by issuing a new order to block the...
52 by Ryan Smith on 3/12/2018
Western Digital, Toshiba And Bain Capital Settle Disputes Over Sale Of Toshiba Memory
Western Digital announced in a press conference this afternoon that they have reached a settlement agreement with Toshiba over Western Digital's objections to the sale of Toshiba's stake in...
11 by Billy Tallis on 12/12/2017
Silicon Labs to Acquire Sigma Designs, Get Z-Wave IP
Silicon Labs has announced that it had reached a definitive agreement to acquire Sigma Designs in a cash transaction valued at $282 million. By taking over Sigma Designs, Silicon...
5 by Anton Shilov on 12/11/2017
Marvell to Acquire Cavium for $5.5 Billion, Augmenting Marvell's CPU, Networking, & Security Assets
Marvell and Cavium on Monday announced that they had reached a definitive buyout agreement. Under the terms of the transaction, Marvell will acquire all outstanding shares of Cavium for...
11 by Anton Shilov on 11/21/2017
Qualcomm Rejects Broadcom Offer to Buy the Company for $105 Billion
Qualcomm has announced today that the Board of Directors has rejected Broadcom’s proposal to acquire the company for around $105 billion. The BOD believes that Broadcom’s offering undervalues Qualcomm...
14 by Anton Shilov on 11/13/2017
Broadcom Makes Unsolicited $105 Billion Bid for Qualcomm
Broadcom on Monday said that it had proposed to acquire all of the outstanding shares of Qualcomm for $105 billion in total for cash and stock. If the buyout...
12 by Anton Shilov on 11/7/2017
Toshiba Signs Deal To Sell Memory Business
After being approved by the board of directors last week, Toshiba's deal to sell their memory business to a consortium led by Bain Capital has been signed and will...
11 by Billy Tallis on 9/28/2017
Toshiba To Proceed With Sale Of Memory Business To Consortium
The latest and possibly final round of bidding for Toshiba's memory business concluded today with Toshiba's board selecting a consortium led by private equity firm Bain Capital as the...
12 by Billy Tallis on 9/20/2017
Intel to Acquire Mobileye for $15 Billion
In an interesting announcement today, Intel and Mobileye have entered into an agreement whereby Intel will commence a tender offer for all issued and outstanding ordinary shared of Mobileye...
17 by Ian Cutress on 3/13/2017
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