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Last $1.97 USD
Change Today -0.06 / -2.96%
Volume 139.7K
IMN On Other Exchanges
As of 8:04 PM 10/5/15 All times are local (Market data is delayed by at least 15 minutes).

imation corp (IMN) Snapshot

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52 Week High
05/21/15 - $4.75
52 Week Low
10/5/15 - $1.91
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Average Volume 10 Days
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Dividend Yield
Current Stock Chart for IMATION CORP (IMN)

imation corp (IMN) Related Businessweek News

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imation corp (IMN) Details

Imation Corp., together with its subsidiaries, operates as a data storage and data security company worldwide. The company operates in two segments, Tiered Storage and Security Solutions (TSS), and Consumer Storage and Accessories (CSA). The TSS segment offers storage and security solutions, such as NST, a hybrid storage line product; Nexsan E-Series disk arrays; and Assureon line, which delivers secure archive systems for data offload, compliance, and secure cloud deployment. It also provides magnetic tape media products used for business and operational continuity planning, disaster recovery, data backup, near-line data storage, and retrieval, as well as mass and archival storage. This segment offers its products under the IronKey brand name. The CSA segment provides consumer storage media products primarily include optical products comprising DVDs, CDs, and Blu-ray recordable media, as well as USB flash drives, flash cards, and external hard disks drives; and audio and accessories, such as speakers, headphones, and accessories. This segment offers its products under the Imation, Memorex, TDK Life on Record, and TREK brand names. The company serves businesses and individual consumers through distributors, wholesalers, value-added resellers, original equipment manufacturers, and retail outlets. The company is headquartered in Oakdale, Minnesota.

910 Employees
Last Reported Date: 03/16/15

imation corp (IMN) Top Compensated Officers

Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $264.9K
Senior Vice President and Group President of ...
Total Annual Compensation: $387.1K
Vice President and Group President of Tiered ...
Total Annual Compensation: $306.5K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $325.5K
Compensation as of Fiscal Year 2014.

imation corp (IMN) Key Developments

Imation Mulls Sale Of Oakdale Headquarters

Imation Corp. (NYSE:IMN) is planning to sell asset. The company has been looking to sell its Oakdale headquarters for a few months.

Imation Appoints Robert B. Fernander as Interim Group President, Tiered Storage and Security Solutions

Imation announced that current Board member Robert B. Fernander has been appointed Interim Group President, Tiered Storage and Security Solutions and will oversee the operations of the TSS business segment. He currently serves as a strategic advisor for I/O Switch Technologies Inc.

Imation Enhances Security and Data Protection Capabilities of E-Series Solutions

Imation announced it has added encryption for data at rest to its Nexsan E-Series™ family of high-density, high-performance and highly reliable data storage solutions. Imation’s Nexsan E-Series solutions with data encryption technology are now available for purchase, providing organizations with added confidence that their data is protected against unauthorized system access, even when drives are redeployed or removed from the data center entirely. Imation’s Nexsan E-Series encryption secures data at rest by utilizing embedded key management and self-encrypting drives with AES 256 encryption. Since the Nexsan E-Series uses hardware encryption, there is no loss in system performance. Also, with the Nexsan E-Series management interface, the encryption is transparent to the user and the encryption keys are managed by the system. Organizations can repurpose or retire storage without compromising data protection. Data at rest encryption prevents access to user data in the event that a drive is removed from the system, such as with the retirement of drives, drive relocation, drive repurposing or drive replacement. If drives are to be reused or relocated, sensitive data can be made unreadable in the time it takes to delete the key; after the key is deleted, the drive is immediately made unreadable without the need for long multi-pass overwrite processes. Imation’s Nexsan E-Series solutions can be directly attached or networked to workstations and servers. In addition to delivering storage density and efficiency, organizations can now take advantage of E-Series data at rest encryption to add another security measure to a comprehensive data privacy and security strategy. All E-Series systems take the extra step to reduce power and cooling requirements through their multi-level, power-reducing AutoMAID™ capabilities. They also include an easy-to-use management interface that simplifies deployment and management for the resource-constrained IT administrator. The E-Series family is just one part of Imation’s Nexsan deep portfolio of purpose-built storage solutions, enabling users to deploy the right storage products for the right application. The other Nexsan product lines are: Imation’s Nexsan Assureon™ is a set of comprehensive secure archive solutions that protect and preserve high-value data. They also reduce storage cost by offloading and deduplicating data from primary storage that is infrequently used or has aged by policy. Imation’s Nexsan NST™ is a set of flexible hybrid storage appliances that scale to meet mid-sized organization application and storage needs with unified NAS and SAN access capabilities in a single solution.


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