Is Imation stock worth anything?
Isabella Browning
Updated on February 08, 2026
Is Imation stock worth anything?
The latest closing stock price for Imation as of August 11, 2017 is 2.30. The average Imation stock price for the last 52 weeks is NaN….Compare GLAE With Other Stocks.
| Stock Name | X Financial (XYF) |
|---|---|
| Country | China |
| Market Cap | $0.288B |
| PE Ratio | 0.00 |
Is there a cap on shares?
Market cap—or market capitalization—refers to the total value of all a company’s shares of stock. It is calculated by multiplying the price of a stock by its total number of outstanding shares. For example, a company with 20 million shares selling at $50 a share would have a market cap of $1 billion.
What happened Imation?
Imation changed its name to Glassbridge Enterprises on February 21, 2017. Net revenue for 2016 was $44.1 million, compared to $529.2 million the year before. Glassbridge Enterprises sold the Imation brand name to Korean company O-Jin Corporation Co., Ltd. on August 4, 2017.
What is the meaning of Imation?
Noun. 1. photographic film – photographic material consisting of a base of celluloid covered with a photographic emulsion; used to make negatives or transparencies.
Does Imation still exist?
Imation Corp. the data-storage company is gone from Minnesota, but a much-smaller reincarnation of the business will stay in the Twin Cities. Imation announced Friday it will rebrand as GlassBridge Enterprises, a name tied into the moniker of its new investment advisory subsidiary, GlassBridge Asset Management.
When did Imation Corporation become a public company?
On July 1, 1996, Imation would officially begin business as a public corporation. 3M’s penchant for creating (if rarely spinning off) new businesses had begun within a few years of its founding in 1902 as the Minnesota Mining & Manufacturing Company.
When did 3M spin off the Imation Corporation?
In the closing months of 1995, Minnesota’s 3M Corporation, one of the bluest of America’s blue-chip companies, announced that five of its businesses would be spun off the following year to form a new data storage and medical imaging company named Imation Corporation (from the words imaging, information, and imagination).
When did Imation change its name to Glassbridge Enterprises?
The combined Imation, Memorex and TDK Life on Record brands made the company into a global market share leader in sales of CD-R and DVD media before that business was shut down in 2016. Imation changed its name to Glassbridge Enterprises on February 21, 2017. Net revenue for 2016 was $44.1 million, compared to $529.2 million the year before.
What kind of storage software does Imation use?
Imation received an exclusive license from IronKey for its secure storage management software and service and a license to use the IronKey brand for secure storage products. In October 2011, Imation products for small and medium businesses centered on its DataGuard and InfiniVault multi-tier data protection and data archive appliances.
On July 1, 1996, Imation would officially begin business as a public corporation. 3M’s penchant for creating (if rarely spinning off) new businesses had begun within a few years of its founding in 1902 as the Minnesota Mining & Manufacturing Company.
In the closing months of 1995, Minnesota’s 3M Corporation, one of the bluest of America’s blue-chip companies, announced that five of its businesses would be spun off the following year to form a new data storage and medical imaging company named Imation Corporation (from the words imaging, information, and imagination).
What was the reaction to the Imation plan?
Gallup pollsters canvassing the “Imation designees” on their reaction to the plan were greeted with such responses as “shocked,” “betrayed,” and “apprehensive,” and only 75 percent of 3M’s data storage and medical imaging workers eventually wound up in Imation cubicles.
