Friday, April 29th 2022

Razer Set To Go Private With Delisting from Hong Kong Stock Exchange in May 2022

Razer (RAZFF) is set to become privately held after shareholders voted to delist from the Hong Kong stock exchange in a privatization deal that values the company at $3.17 billion USD. The privatization scheme is led by a consortium of Razer's co-founders Tan and Kaling Lim who currently own 57% of the company along with private equity firm CVC Capital Partners. The plan was approved by over 75% of shareholders at a recent general meeting and will see the withdrawal of company shares from the Hong Kong stock exchange at 9:00 a.m. on Friday, 13 May 2022. This private ownership of the company isn't expected to last long with the owners planning to relist the company's shares in the US in the hopes of gathering a higher valuation. Razer continues to record growth with revenues of $1.62 billion USD in the 2021 FY, up 33% from the previous year.
Source: Razer (via Wccftech)
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58 Comments on Razer Set To Go Private With Delisting from Hong Kong Stock Exchange in May 2022

#51
bonehead123
neatfeatguyMy first impression of Razer is that their products suck, lots of headaches and overpriced considering how long they lasted and how crappy my experience was with them.
Same here..... in my book, you only get 1 chance to make a good 1st impression, and they failed miserably at that, since the 1st mouse of theirs I bought several years ago for ~$70 went poopoo within 6 months, and they gave me some boohoo wallawalla BS about replacing it, so I put them on my black list for quite a while.

About 2-3 yrs later, I thought, well maybe by now they've gotten their shit together & fixed their issues, so I bought another mouse from them, and it had even moar build quality issues, and their software seemed to have gotten even moar buggy than before, so......onto my permanent blacklist they went and there they will stay forever !

Therefore, as far as I am concerned, Razer can just BMA & Die, I certainly won't lose any sleep over it :)
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#52
Batailleuse
lexluthermiesterBelief is not a part of the equation. Razer products have had a very consistent level of high quality. Quit your whining.
yeah I'd disagree on that.

i was all in for razer a few years back, had a lot of razer devices, all of them broke fairly fast.

can't remember all of them, but i had a naga that had a piece under the left click break, unable to use the mouse after that.
another mouse same issue (wasnt a naga but some other wireless one that came after), 2 of the next wireless had their micro usb charger break

had the LCD screen keyboard that had the LCD break and the hand rest rubber just have the glue melt and the rubber just left the keyboard.

i mean overall i had 2 keyboards and 4 mouse + 1 headset from razer completely broke down in 1-2 years of use only.

so, i wouldn't call their product good quality.
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#54
trsttte
lexluthermiesterFor some perspective:

www.amazon.com/Razer-Basilisk-Customizable-Ergonomic-Gaming/dp/B09C13PZX7


www.amazon.com/Razer-Cynosa-Chroma-Gaming-Keyboard/dp/B075KMZ4MX


www.amazon.com/Razer-DeathAdder-Essential-Gaming-Mouse/dp/B094PS5RZQ


www.amazon.com/Razer-DeathAdder-Gaming-Mouse-Programmable/dp/B082G5SPR5


www.amazon.com/Razer-Ornata-Gaming-Keyboard-Customizable/dp/B086PDNSPP

Hmm...
Cmon, you know amazon reviews don't mean shit right? They're are rigged more often than not

Every brand does good and bad products, just as every brand has some major flops now and then. Razer is not special, like any of the more gaming centric brands it's usually on the overpriced side of price ranges and given how it markets itself (very agressive branding, rgb everything, GAMING!!!) it usually has quite a polarizing effect on customers (as seen by this thread lol). Their products are just as high quality as most other mass produced gaming peripherals - not great not terrible.


As for the actual topic, it's certainly on the positive for the company since US exchanges would make them less susceptible to CCP random crackdowns and might attract some big bucks in investment from both relisting and just the way the US stock market works in general (much more agressive than other markets), for Razer it should be all positive, for customers and users it either doesn't matter or it brings some bad possibilities with introduction and push of more stupid stuff like razer coins and other monetization features.
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#55
fibre
I use one Razer keyboard and two mice and i'd say they are reasonably well built and work well, plastics (and sockets) are better than on Logitech G Pro from 2018 where I broke key legs when transporting couple of times in a backpack. Not sure why there is so much hate for Razer and I wouldn't say others are vastly better.

Though Synapse, NFT, skins and virtual goods are beyond me and don't use them. RGB can be controlled with OpenRGB and I guess that's all I need. If you say there are better deals, please mention brands or models, because not all is available in Europe or other parts of the world.

By the way how they can be listed in Hong Kong if their headquarters are in USA and Singapore?
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#56
Slizzo
I have a Blackwidow Ultimate 2016, and while it's been a great keyboard for me, that's the furthest I will ever take a buying decision with Razer.

Too many reports (even fairly recently) of shoddy quality (ever look at their laptop line? They're nice looking but there's been wayyy too many issues with them) even in recent years that they need to keep working at it to make it worth the purchase.
Posted on Reply
#57
lexluthermiester
trsttteCmon, you know amazon reviews don't mean shit right? They're are rigged more often than not
No, they're not. Amazon cleaned that problem up years ago. This is why I provided links. If you READ some of the reviews, you'll quickly see they're not cut-n-paste BS.
Posted on Reply
#58
Gmr_Chick
SlizzoI have a Blackwidow Ultimate 2016, and while it's been a great keyboard for me, that's the furthest I will ever take a buying decision with Razer.

Too many reports (even fairly recently) of shoddy quality (ever look at their laptop line? They're nice looking but there's been wayyy too many issues with them) even in recent years that they need to keep working at it to make it worth the purchase.
That's probably because they try to stuff in as many high power/high heat components as possible within a thin chassis. And thin ultra light chassis were never designed with high performance gaming in mind. Gaming laptops are on the bulkier side for a reason (or they should be, at least). Not to mention whoever their laptop battery supplier is -- swollen batteries AKA "spicy pillows" are one of the biggest complaint topics on Razer's reddit, but I'm not accounting for stupidity/user error -- obviously needs to be changed to a better quality supplier.
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