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Report: Razer sets sights on $5bn valuation for IPO

Date Type Companies involved Size
July 21st, 2017 other Razer Not applicable
Report: Razer sets sights on $5bn valuation for IPO

Peripherals specialist Razer is reportedly eying up an initial public offering that would value the firm at $5bn.

That’s according to Bloomberg Technology, which reports that Razer is aiming to be listed on the Hong Kong stock exchange around October, with the company seeking a valuation of $3bn to $3bn.

This isn’t the first time that Razer has considered an IPO, either. The firm considered a US initial public offering back in 2014, Bloomberg reports, with te company being valued at $1.5bn at the time.

Furthermore, Bloomberg Tech reports that people familiar with the matter sare saying that Razer is developing a mobile device designed for hardcore gamers. There are no other details than that right now.


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PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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