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| Formerly | Imation Corporation (1996–2017) |
|---|---|
| Company type | Public |
| Industry | Investment |
| Founded | March 1996 in Maplewood, Minnesota, U.S.[1] |
| Founder | 3M (as a spin-off) |
| Headquarters | , U.S. |
Key people | Danny Zheng (CFO and Interim CEO) Joseph De Perio (Non-Executive Chairman) Tavis Morello (General Counsel) |
| Revenue |  $1.460 billion (2010)[2] |
Number of employees | 1,210 (2009)[2] |
| Subsidiaries | GlassBridge Asset Management |
| Website | glassbridge |
GlassBridge Enterprises, Inc., is an American holding company. Through its subsidiary, Glassbridge focuses primarily on investment and asset management.
The company is the corporate successor of Imation, a spin-off of 3M's data storage and imaging business. Prior to the name change to GlassBridge, Imation manufactured and marketed computer data storage products, including magnetic tape and optical products).[3]
In January 2017, the company announced a change of name and direction, completing its move away from the data storage business towards being focused on asset management and strategic investment and rebranding itself as Glassbridge Enterprises.[4]
The Imation brand was sold off later that year to O-Jin Corporation Co.,[5] a Korean company who have since licensed its use to other businesses.[6]
References
[edit]- ^ "10-K Annual Report, 12/31/1996". Securities and Exchange Commission. Retrieved November 7, 2010.
- ^ a b "10-K Annual report". corporate-ir.net. February 26, 2010. Archived from the original on March 11, 2012. Retrieved September 9, 2010.
- ^ "Imation Reports Quarter 2012 Financial Results". April 12, 2012.
- ^ "Imation to change name, stay in Minnesota". TwinCities.com. 2017-01-12. Archived from the original on 2017-01-13.
Oakdale-based Imation plans to change its name to GlassBridge Enterprises, completing its transition from a maker of portable data storage products, such as compact discs and flash drives, to an asset management and strategic investment company.
- ^ "GlassBridge Sells IMATION® Trademark to O-Jin Corporation" (Press release). Oakdale, MN, USA. PRNewswire. December 1, 2017. Retrieved April 21, 2018.
- ^ "Imation global license announcement". imation. 13 November 2019. Retrieved 8 August 2023.