Skadden, Arps, Slate, Meagher & Flom LLP represented HP in the transaction.
HP Inc. executed the acquisition of HyperX, the gaming division of Kingston Technology Company. Under the terms of the agreement, HP will pay $425 million, subject to customary working capital and other adjustments, to acquire HyperX’s gaming peripherals portfolio.
For 18 years, HyperX’s mission has been to develop gaming solutions for every type of gamer and the company is consistently recognized for delivering products that provide superior comfort, aesthetics, performance, and reliability. Under the tagline of “WE’RE ALL GAMERS,” HyperX gaming headsets, keyboards, mice, USB microphones, and console accessories are the choice of everyday gamers as well as celebrity ambassadors, pro gamers, tech enthusiasts, and overclockers worldwide because they meet the most stringent product specifications and are built with best-in-class components.
HP Inc. creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers, and 3D printing solutions, we engineer experiences that amaze.
Skadden represented HP Inc. on global antitrust aspects of the transaction with Antitrust/Competition partner Steven Sunshine (Washington, D.C.; Picture) and counsels Joseph Rancour (Washington, D.C.), Aurora Luoma (London) and Thorsten Goetz (Brussels).
Involved fees earner: Thorsten Goetz – Skadden Arps Slate Meager & Flom; Aurora Luoma – Skadden Arps Slate Meager & Flom; Joseph Rancour – Skadden Arps Slate Meager & Flom; Steven Sunshine – Skadden Arps Slate Meager & Flom;
Law Firms: Skadden Arps Slate Meager & Flom;
Clients: HP Inc.;