GlassBridge Enterprises, Inc., formerly Imation Corporation, is an American holding company. Through its subsidiary, Glassbridge focuses primarily on investment and asset management. The company was founded in 1996 under its original name of Imation as a spin-off of 3M's data storage and imaging business. Prior to the name change, Imation had three core elements: traditional storage, secure and scalable storage and what the company calls "audio and video information" products. 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. The Imation brand was sold off later that year to O-Jin Corporation Co., a Korean company who have since licensed its use to other businesses, but retain ownership of it as of 2024. Wikipedia