Kingston buys encrypted flash drive maker IronKey

From PC World: Kingston Technology announced late Monday that it has acquired the USB technology and assets of IronKey from Imation Corp.

Imation, which purchased the then privately-held IronKey in 2011, did not disclose the financial details of the sale to Kingston.

IronKey is perhaps best known for its 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.

The secure storage devices are validated by the National Institute of Standards and Technology (NIST) to meet the stringent Level 3 criteria of FIPS 140-2. Combined with the cloud-based IronKey Enterprise Management Service, data security can be managed and audited from anywhere in the world.

IronKey’s thumb drives carry with them a hefty price as well. For example, a 32GB thumb drive can retail for as much as $599. However, you can also find them on online sites for around $280.

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