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Imation snaps up IronKey security hardware operation

Simon Quicke

Storage player Imation is bolstering its security credentials with the acquisition of IronKey's security storage division.

Under the terms of the deal, which were not disclosed, around 40 staff at IronKey will move over to Imation and the storage player will get a portfolio including portable storage devices with encryption capabilities.

The two vendors have also announced a strategic partnership with IronKey giving Imation an exclusive license for its secure storage management software.

"This acquisition is another important step in Imation's strategy to invest in leading technologies that enable us to deliver highly secure data storage solutions to our customers," said Mark Lucas, president and chief executive officer, Imation Corp.

"Our new partnership with IronKey will also enable us to add a cloud-based security solution to Imation's offerings," he added.

In response Arthur Wong, CEO of IronKey, talked up the opportunities for its channel to become part of a larger storage and security sale.

"IronKey will continue to build out solutions for providing secure online access by leveraging its online cloud services security platform to protect customers' assets, data, and transactions across multiple form factors such as portable USB devices, software, and mobile applications," he added.

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