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TaiPei-based Hong Tong Technology Acquires Initio's Entire Encryption Division.

Summary by WFMZ
Purchase ensures that Initio's encryption chip IP and manufacturing remain in Taiwan

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TaiPei-based Hong Tong Technology Acquires Initio's Entire Encryption Division.

Purchase ensures that Initio's encryption chip IP and manufacturing remain in Taiwan

·Pennsylvania, United States
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CybersecAsiaCybersecAsia

TaiPei-based Hong Tong Technology Acquires Initio's Entire Encryption Division. - CybersecAsia

Purchase ensures that Initio’s encryption chip IP and manufacturing remain in Taiwan TAIPEI, May 13, 2025 /PRNewswire/ — Hong Tong Technology Co., a registered Taiwanese corporation, today announced the September 2024 acquisition of Initio’s entire encryption storage product line, which includes Initio’s USB Bridge (USB-EMMC/SATA/ PCIe) controller ICs with embedded crypto-engines, all associated firmware, ASICs, technical support, and its IP own…

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WFMZ broke the news in Pennsylvania, United States on Tuesday, May 13, 2025.
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