depends on what you want honestly. if you are only worried about having virtual surround... then possibly, yes.
you can experiment for free with razers virtual surround sound program but honestly out of the 3 its not as good as the rest. often dolby headphone or cmss3d/sbx are preferred. dolby headphone can be had on the cheap $30 xonar dg/dgx while sbx can be had on creative cards.
also, consider that the soundcard on the hxc2 has not had a good history nor is it really all that special. while the problem has likely been long since fixed, for awhile there quality when using the hxc2 soundcard was dreadful and buying the core edition and internal soundcard like the dg/dgx was suggested.
tldr; yes it may.