Razer is going private
pcgamesinsider.bizGames hardware specialist Razer has announced that it is going private in the future.
The move was revealed by the company's CEO and founder Min-Liang Tan on LinkedIn – spotted by Vulcan Post – with the exec saying that this had the support of 94.74 per cent of shareholders. The aim is for Razer to go private by the end of May and be delisted from the Hong Kong Stock Exchange.
"I would like to thank our shareholders for their support of Razer as we expanded our unique gamer-centric ecosystem and market presence in recent years," Tan wrote.
"We look forward to developing our ecosystem of hardware, software and services in our next phase as a private company."
As of April 27th, the company's share price is $0.36, giving Razer a market cap of $3.1 billion.
Razer went public back in November 2017 having filed to do so the previous July.
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