Reports claim Razer has raised $528m in IPO

Reports claim Razer has raised $528m in IPO

It would seem that games hardware firm Razer could worth more than half a billion dollars.

That’s according to a report from the International Financing Review - as reported by Reuters - which claims that has priced its IPO at HK$3.88 per share.

This means the company could be set to raise $528m when it floats. This is slightly under the maximum amount the company could have raised - $550m - but is still at the high end of the spectrum.

Razer confirmed it was going to be floating on the Hong Kong Stock Exchange last week after rumours over the summer. In July, rumours were flying that the company had - erm - set its sights on a £3bn - $5bn valuation.

In addition to an IPO, the firm has also announced a Razer Phone - a super high-end spec mobile device. More about that with our good friends over on

The firm claims to have sold 27.5m units of hardware and sold $1bn in tech since 2014 and boasts an audience of 2.2bn gamers

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 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, VGC, Games London, The Observer/Guardian and Esquire UK.