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Blue Chip Growth

Stock Report: () Report Updated: Feb 08, 2016 | Print This Page

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Company Profile

Imation Corp., together with its subsidiaries, provides tiered storage and security offerings for business and products designed to manage audio and video information in the home. Its traditional storage products include optical media products consisting of CDs, DVDs, and Blu-ray recordable media; magnetic tape media products used for back-up, business and operational continuity planning, disaster recovery, near-line data storage and retrieval, and mass and archival storage; and other traditional storage products primarily comprising optical drives, and audio and video tape media. The company’s secure and scalable storage products include flash memory and hard disk drive products consisting of encrypted and biometric USB drives, encrypted and biometric hard disk drives, and secure portable desktop solutions; and software solutions comprising products containing various security features, such as password authentication, encryption and remote manageability, and data protection and data archive appliances. Its audio and video information products primarily include audio electronics that comprise portable CD players and iPod clock radios, and accessories, such as CD and DVD jewel cases and headphones. Imation Corp. markets its products under the Imation, Memorex, XtremeMac, and MXI Security brands; and is the licensee of the TDK Life on Record and IronKey brands. The company sells its products through a combination of distributors, wholesalers, value-added resellers, original equipment manufacturers, and retail outlets in the Americas, Europe, north Asia, and south Asia. Imation Corp. has a strategic agreement with TDK Corporation to develop and manufacture magnetic tape technologies. The company is headquartered in Oakdale, Minnesota.

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