

The company underwent a divestment of non-core businesses, and invested in four core product technology areas: secure storage, scalable storage, wireless/connectivity, and magnetic tape. Imation was started in 1996, when 3M spun off its data storage and imaging business.

Prior to the name change, Glassbridge had three core elements: traditional storage ( magnetic tape and optical products), secure and scalable storage (data backup, data archive and data security for small and medium businesses) and what the company calls "audio and video information" products. Through its subsidiary, Glassbridge focuses primarily on investment and asset management. GlassBridge Enterprises, Inc., formerly Imation Corporation, is an American holding company.
