Will people buy new keyboards and mice the way they buy iPhones? That’s the question investors should ask before they jump into Razer’s initial public offering. The U.S.-Singapore company is looking to raise up to $630 million—including an overallotment option—in Hong Kong this month, valuing it at as much as $4.5 billion, according to its prospectus. Razer’s main revenue comes from selling gear for gamers like keyboards and headphones. Its products, bearing a glowing green logo of a three-headed snake, have a cult following.

Source: Wall Street Journal November 01, 2017 09:35 UTC