Headquartered in Taipei, a city renowned for its concentration of high-tech companies, the Taiwanese company HONG TONG TECHNOLOGY CO., founded in 2019 as a subsidiary of INSTANT, specializes in Flash controllers, TF card sales, and consumer products. The company has committed to advancing personal digital management and application development for years.
For more information, visit the company website: https://www.hong-tong.com.tw.
In September 2024, HONG TONG TECHNOLOGY CO. announced the acquisition of Initio's encryption storage product line, which includes Initio's USB BRIDGE (USB-EMMC/SATA/PCIe) controller ICs with embedded crypto engines, along with the associated firmware, ASICs, technical support, and IP ownership. These operations will be managed from HONG TONG's headquarters in Taipei, Taiwan. With this strategic acquisition, the company aims to strengthen its position in the encryption market and accelerate the development of next-generation secure storage solutions.
HONG TONG stated that, in addition to our existing key technologies in personal data management and intelligent translation, this acquisition is significant as it complements our capabilities in the increasingly critical area of data encryption. In the face of rapidly increasing data transfer speeds, this will effectively reduce the risk of unauthorized data access and misuse. It will address the long-standing need for robust data confidentiality mechanisms in our products and make encryption a fundamental feature of our new offerings. This acquisition will seamlessly integrate into our personal digital management solutions, with a focus on the diversification and development of encryption applications being a key future goal.
Revolutionizing Data Encryption HONG TONG Acquires Initio's Encryption Storage Line to Drive Secure Data Innovation
