Imation

Imation Sells XtremeMac
February 9, 2014

Imation announced last week, as part of its quarterly earnings release, that it has sold XtremeMac to an undisclosed party. The reason for the sale, the company said, was "to divest lower margin, non-core businesses."

PEPCOM Pre-Holiday Event Recap
September 22, 2010

The organizers of the PEPCOM  tabletop tech events were at it again last week in New York with their 2010 pre-Holiday edition

Imation CEO to Retire
March 21, 2010

Imation Corp. announced Thursday that its vice chairman and CEO, Frank Russomanno, will retire effective May 5. Russomanno had been CEO since 2007, and joined the company after its spin-off from 3M in 1996.

Settlement Eats Up Imation Profit
July 23, 2009

Imation Corp. Thursday reported a $57.6 million loss for the most recent quarter, which was largely due to a $49 million settlement due to the company's settlement with Philips.

Eco-friendly Toner Cartridges
May 4, 2009

Imation delivers new toner cartridges remanufactured from old toner cartridges.  Live from Pepcom's EcoFocus Green Technology Event.

Imation Names Lucas President
February 20, 2009

Mark E. Lucas has been named president and COO of Imation Corp., the company announced this week. In addition, the company has given CEO Frank P. Russomanno the additional title of vice chairman. Lewis will report to Russomanno.

Imation Announces TDK Mini-Blu-ray Disc
August 6, 2007

Another day, another new recordable Blu-ray disc. Imation Corp. said Friday that it will release a new 8cm mini-rerecordable Blu-ray Disc, under the “TDK Life on Record” brand. The discs will hold 7.5 GB of data, as well as ability to store 60 minutes of high-definition video. The discs, when they arrive in September, will be available in version that cost $24.99 and $34.99. Compatible with the just-announced Hitachi DZ-BD70A and DZ-BD7HA Blu-ray camcorders, the discs will compete with a similar product, also announced Friday, from rival Verbatim. Imation bought most of the TDK brand in April for $300 million,

Imation Buys Remaining Memcorp Assets
May 9, 2007

Less than a month after announcing its purchase of the recording properties of the TDK brand, the Minnesota-based blank media company Imation said Tuesday that they are buying the assets of another top blank media brand: Memcorp, Inc., the maker of the Memorex brand. The deal is for about $60 million, including $23 million in cash and over $37 million in three-year notes. Imation is buying the Memcorp properties from a privately held company called Hopper Radio, and the deal is expected to close in the third quarter. Imation had already purchased the Memorex brand for 300 million in January of 2006, but the