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Last $3.98 USD
Change Today -0.03 / -0.75%
Volume 69.0K
IMN On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

imation corp (IMN) Snapshot

Open
$3.98
Previous Close
$4.01
Day High
$3.98
Day Low
$3.81
52 Week High
04/1/14 - $6.04
52 Week Low
09/18/14 - $2.69
Market Cap
170.6M
Average Volume 10 Days
70.1K
EPS TTM
$-1.70
Shares Outstanding
42.9M
EX-Date
01/30/09
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for IMATION CORP (IMN)

imation corp (IMN) Related Businessweek News

No Related Businessweek News Found

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 Executive Officer, President and Direct...
Total Annual Compensation: $754.8K
Senior Vice President and Group President of ...
Total Annual Compensation: $372.0K
Vice President and Group President of Tiered ...
Total Annual Compensation: $300.0K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $317.0K
Compensation as of Fiscal Year 2013.

imation corp (IMN) Key Developments

Imation Introduces Imation Lock & Key

Imation announced it has introduced Imation Lock & Key a new solution that adds an additional layer of security to data storage environments and protects high-value data files from internal and external threats. Lock & Key provides advanced two-factor authentication for storage administrators, ensuring lock-down access to storage systems and allowing organizations to enhance their security strategies. Lock & Key solutions will be made generally available for purchase in June 2015 for use with Imation's Nexsan Assureon secure archive solutions. Lock & Key is a component of Imation's Secure Data Movement Architecture. Through Lock & Key, organizations can enhance their security strategies by requiring a second factor of authentication for storage administrators to gain access to storage systems. No matter where they are, administrators will be able to access a secure management user interface for one or more of Imation's Nexsan storage systems using their access credentials and a paired, encrypted and tamper-resistant IronKey secure storage flash drive. Lock & Key solutions are easily deployed in plug-and-play fashion, and can be centrally controlled and administered by anyone in an organization's IT team who has the required access privileges.

Imation Unveils Secure Data Movement Architecture

Imation announced it has unveiled its new Secure Data Movement Architecture to give organizations a holistic approach to actively manage their high-value data files and protect them from tampering, destruction, loss or leakage through their entire lifecycle. SDMA empowers end users to manage their own policy for protecting their high-value data in addition to enabling organizational control and management policies. High-value data is comprised of an organizations s critical data files that must be safeguarded from tampering, loss or corruption. SDMA actively safeguards high-value data from hand to cloud and creation to destruction. It protects high-value data from loss, leakage, destruction or resurrection, and manages it through policy-based control and security. It also addresses the need to safeguard data files throughout the data lifecycle, including archive, remote workers, file sharing and collaboration, storage management and cloud and mobile device endpoints. SDMA protects high-value data throughout the broader information ecosystem by drawing upon core capabilities found within Imationâ s Nexsan Assureon Secure Archive, IronKey Secure Storage and IronKey Workspace with Windows To Go solutions that are in use. Assureon provides a comprehensive secure archive solution that protects and preserves high-value data. IronKey mobile storage solutions enable users to securely access their workspaces and files remotely while adhering to corporate IT standards, and IronKey Workspace with Windows To Go is a PC on a Stick that equips employees and contractors with a portable Windows 8.1 corporate image.

Imation Introduces the Nexsan NST2000 New Ultra-Efficient Hybrid Storage Appliance

Imation at BVE 2015 in London introduced the Nexsan NST2000 a new ultra-efficient hybrid storage appliance purpose-built for media and entertainment and data protection workloads that will deliver Fibre Channel connectivity and all the benefits of hybrid storage to mid-sized organizations. The NST2000 is only entry-level when it comes to its price point it expands upon Imation's Nexsan NST family of hybrid storage solutions, and will be spotlighted at Imation's booth (M24) through the end of the show. It will be available in the second quarter. The NST2000 delivers a powerful yet simple to deploy and manage hybrid storage solution using the latest high-performance technologies, and provides the scalability and flexibility to meet the needs of organizations that continue to rapidly add new applications to their environments. With an intelligent hybrid caching layer, NST2000 is optimized for mixed application workloads, media and entertainment workflows and data protection strategies. NST2000 also is ideal for organizations looking to strategically move toward hybrid storage and take advantage of the new levels of performance, availability and reliability it can deliver. As with all of the hybrid storage systems in the NST product family, NST2000 has a standard all-inclusive software licensing model which includes features such as: Unified Fibre Channel Support: NST2000 expands the Nexsan NST family's unified block and file sharing capabilities by adding Fibre Channel connectivity for those small and medium-sized organizations that prefer it for their applications. This gives organizations the ability to take advantage of the benefits of NST's hybrid storage using a full range of unified storage protocols, including iSCSI, NFS, CIFS, FTP and now Fibre Channel. Capacity Scalability: NST2000 capacities start at 13TB and can scale up to 168TB and 2TB FASTier cache, delivering much more flexibility to IT administrators. Intelligent Hybrid Caching: The NST2000 combines Imation's intelligent caching algorithms with solid-state disks (SSDs) and the latest processor technology to provide blazing fast performance for business critical applications. Enhanced Data Reduction: The NST2000 delivers faster and smarter inline compression. Compressible data can be processed 50% faster than with preceding NST arrays, and intelligence removes the penalty of trying to act upon noncompressible data. 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. Other product lines in Imation's deep Nexsan portfolio of purpose-built storage solutions are: Imation's Nexsan E-Series is a family of high-density, high-performance and highly reliable storage solutions that can be directly attached or networked to workstations and servers. Imation's Nexsan Assureon is a set of secure storage solutions that reduce storage cost by offloading and deduplicating data from primary storage that is infrequently used or has aged by policy.

 

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