The explosive bolts that held the Space Shuttle boosters on and the ignition for the Booster Separation Motors all used the same NASA standard detonators wired to the same trigger circuit (with lots of redundancies, of course). When the ordnance firing signal went off, the circuit energized, putting power into all the BSMs and all the explosive bolts at once. It all happened simultaneously, aside from any millisecond-scale variations due to electrical travel time and chemical ignition delay.
It's not really hot-staging, where the upper stage fires while still attached to the lower stage, because the purpose of hot-staging is to use the ongoing thrust from the lower stage to make sure the fuel stays at the bottom of the upper stage's tank, to avoid gas bubbles that could cause ignition problems. But it's similar in the sense that when the BSMs fire, the boosters have not yet physically moved away from the main tank (obviously, since that movement is what the BSMs were meant to accomplish).
As to other designs, I know the Falcon Heavy uses pneumatic rams to shove the booster Falcons away from the core (at which point aerodynamic forces finish the job). I'm not particularly familiar with the staging processes of other side-mounted boosters such as the Titan IV or the Ariane series.