Kingston Technology has announced that it is going to acquire USB technology and assets of IronKey from Imation Corporation. In the year 2011, Imation acquired IronKey for an undisclosed amount. Now, Kingston will be acquiring the encrypted flash maker from Imation
IronKey offers highly secure USB Flash drives, which use 256-bit AES encryption algorithm to secure data and a stainless steel case with no seams so it cannot be pried open.
As a result of this utmost security, IronKey storage devices are validates by National Institute of Standards and Technology (NIST) to meet the stringent Level 3 criteria of FIPS 140-2. Since, IronKey loaded flash drives have cloud based IronKey Enterprise Management Service, data security can be managed and audited from anywhere in the world.
Almost 10 years ago, Kingston also offered an encrypted portable drive called DataTraveler.
Now, with the purchase of IronKey, the company is all set to take-over encrypted drives market on a complete note.
The financial details of the deal will be updated into this article by mid March 2016.