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Imation announces turnaround plan to move it to data storage and security focus
2015-09-30 14:47:03| Semiconductors - Topix.net
Imation Corp. announced a series of moves this week designed to stop the hemorrhaging at the struggling data storage company that has endured declining sales, a sagging stock price and public management upheavals. In a statement issued Monday night, Shoreview-based Imation said it will "wind down" its non-European legacy tape media business and its consumer storage and accessories business.
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Category:Electronics and Electrical
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