Formerly called
|
Imation Corporation (1996-2017) |
---|---|
Type
|
Public |
Traded as |
|
Industry | Investment |
Founded | March 1996 (1996-03) in Maplewood, Minnesota, United States |
Founder | 3M (as a spin-off) |
Headquarters | Oakdale, Minnesota, United States |
Key people
|
Danny Zheng (CFO and Interim CEO) Joseph De Perio (Non-Executive Chairman) Tavis Morello (General Counsel) |
Revenue | $1.460 billion (2010) |
Number of employees
|
1,210 (2009) |
Subsidiaries | GlassBridge Asset Management Nexsan Corporation |
Website | www |
Glassbridge Enterprises, known as Imation Corporation prior to 2017, is an American holding company. Through the company's two subsidiaries, Glassbridge focuses primarily on investment, asset management and global enterprise data storage. Prior to the name change, Glassbridge had three core elements – traditional storage (magnetic tape and optical products), secure and scalable storage (data backup, data archive and data security for small and medium businesses) and what the company calls “audio and video information” products.
Imation was started in 1996, when 3M spun off its data storage business. The company underwent a divestment of non-core businesses, and invested in four core product technology areas: secure storage, scalable storage, wireless/connectivity, and magnetic tape.
As part of 3M, the company was involved in the development of many technological improvements in data storage, such as the introduction of the first magnetic tape in 1947, the first quarter-inch tape cartridge for data storage (QIC) in 1971, and the 3.5-inch (89 mm) floppy disk in 1984.
In February 2012, Imation announced a product set for securing mobile data, identities, and workspaces, based on the premise that employees used portable storage devices to transport corporate data.
The security news followed five acquisitions the company made in 2011 in scalable storage and data security: ENCRYPTX; MXI Security from Memory Experts International; the assets of ProStor; the secure data storage hardware business of IronKey; and intellectual property from Nine Technologies. Imation received an exclusive license from IronKey for its secure storage management software and service and a license to use the IronKey brand for secure storage products.
In October 2011, Imation products for small and medium businesses centered on its DataGuard and InfiniVault multi-tier data protection and data archive appliances.
The company sold consumer electronics, headphones and accessories under the Imation, Memorex, TDK Life on Record, and XtremeMac brands. The combined Imation, Memorex and TDK Life on Record brands made the company into a global market share leader in sales of CD-R and DVD media before that business was shut down in 2016.
Imation changed its name to Glassbridge Enterprises on February 21, 2017.
9245-04-02 | ||||
9207-03-19 | ||||
7745-02-26 | ||||
6355-03-31 | ||||
4921-03-09 | ||||
2105-03-21 | ||||
2015-09-29 | Lower Price Target | Lake Street Capital | Buy to Hold | $4.00 to $3.00 |
2013-11-21 | Initiated Coverage | Sidoti | Neutral | |
2008-10-10 | Downgrade | Brean Murray | Buy to Hold | $29 to $21 |
2008-07-23 | Downgrade | Needham | Buy to Hold | |
2008-04-28 | Reiterated | Needham | Buy | $29 to $28 |
2008-01-11 | Upgrade | Brean Murray | Hold to Buy | $29 |
2007-07-19 | Reiterated | Brean Murray | Hold | $42 to $38 |
2007-05-23 | Reiterated | Needham & Co | Buy | $41 to $43 |
2007-04-19 | Downgrade | Robert W. Baird | Outperform to Neutral | $55 to $39 |
2007-01-26 | Reiterated | Needham & Co | Buy | $50 to $51 |
1970-01-01 | ||||
0597-02-14 |
9245-04-02 | ||||
9207-03-19 | ||||
7745-02-26 | ||||
6355-03-31 | ||||
4921-03-09 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In IMN 0 funds of 2213 total. Show all
Fund name | Ticker shares |
---|
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Hall George E. See remarks. | 3.42% (1466170) | EVRY / IMN / ROIQ / |
Fernander Robert B. | 1.65% (705909) | IMN / |
CLINTON GROUP INC See Remarks | 1.09% (465296) | EVRY / IMN / OVRL / PMBC / VVTV / |
Lucas Mark E President & CEO | 1.01% (432593) | IMN / |
MATTHEWS L WHITE III | 0.62% (266941) | IMN / |
ZELLER PAUL R Senior VP and CFO | 0.59% (251185) | IMN / MOCO / |
RAUTIO TRUDY A | 0.50% (212601) | DCI / IMN / |
LAPERCH WILLIAM G | 0.35% (151389) | DLR / IMN / WIN / |
Stevens David B | 0.29% (126061) | IMN / MDRX / |
Bunting Theodore H JR | 0.27% (113754) | ETR / IMN / UNM / |
Berg David P | 0.26% (110021) | BLMN / IMN / |
TAYLOR GLEN A | 0.25% (107355) | IMN / |
De Perio Joseph A | 0.23% (97500) | EVRY / IMN / OVRL / ROIQ / |
BRAUSEN ANTHONY T | 0.16% (69456) | IMN / MOS / |
WHITE DARYL | 0.15% (62517) | IMN / |
HAGGERTY CHARLES A | 0.13% (57221) | DLX / IMN / LSI / PNR / |
Spiro Alex | 0.12% (53059) | IMN / VVTV / |
Torricelli Robert G | 0.12% (52937) | IMN / |
Williams Ian VP & Group Pres., TS&S | 0.12% (49760) | IMN / |
Zheng Danny Interim CEO & CFO | 0.10% (44563) | IMN / |
Morello Tavis J. General Counsel | 0.10% (43879) | IMN / |
Kulkarni Subodh K Chief Tech Of, SVP | 0.10% (40937) | CYBE / IMN / |
PUTNAM DONALD H | 0.08% (33898) | IMN / |
Barrall Geoff | 0.07% (28767) | IMN / OVRL / |
Searing Robert | 0.06% (27213) | IMN / |
McKibben Tracy B | 0.06% (24213) | ECL / IMN / |
Breedlove John P VP, General Counsel & Corp Sec | 0.03% (10828) | IMN / |
Kasoff Barry L. | 0.01% (6398) | EVRY / IMN / |