Imation Corp. announced financial results for its fourth quarter and full year ended December 31, 2009. According to the statement, Imation posted a fourth-quarter net income of $6.7 million ($0.18/share) compared to a loss of $45.6 million ($1.22/share) for the same time in 2008 and, excluding special items, earned $0.22/share.
Standard & Poors (S&P) announced that, after the close of trading on December 9, 2009, AOL Inc. (NYSE:AOL) has replaced Imation Corp. (NYSE:IMN) in its S&P MidCap 400 index.
Imation Corp. and TDK announced that Imation will acquire TDK brand world wide recording media business and use of the TDK brand name for recording media products.
What’s the best way to label a disc — marker? sticker? printer? The inventive folks at Hewlett-Packard think they have the answer with LightScribe, promising slick labels with fewer hassles. But does HP’s LightScribe live up to the hype?
Isn’t it amazing that for all of the careful design they put into CD and DVD technology, the engineers never stopped to consider how discs might be labeled on the desktop? Thankfully, the marketplace has come to the rescue with its own solutions—some good, some not so good, but all ingenious in their own regard.
Lucent Technologies announced a new venture, called InPhase Technologies, which will develop high-performance holographic data storage media and systems.