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Imation Distributor of Millenniatia

Co-branding DVD and Blu-ray M-Disc

U.S.-based Millenniata, Inc. and Imation Corp. announced a strategic, marketing and co-branding agreement.

Imation will co-brand and distribute Millenniata’s DVD M-DISC and the newly developed Blu-ray M-DISC. It uses a proprietary process of engraving information into a patented inorganic rock-like layer, resistant to light, temperature and humidity, making it a storage solution for valuable data such as photos, videos, music and business records.

According to the agreement, Imation, whose optical portfolio includes the Imation, Memorex and TDK Life on Record brands, will co-brand the Blu-ray and DVD M-DISCs, which will then be marketed and distributed through Imation’s worldwide sales channels.

"We are very excited to gain Imation as a global partner. Imation is the world’s leading optical media provider and their strength and expertise is unparalleled in the digital storage market," said Paul Brockbank, Millenniata president and CEO. "This new partnership will be vital in continuing to promote M-DISC as the only permanent storage solution to a growing consumer base around the world."

"Increasingly, consumers and small business users are concerned about the preservation and protection of their data – which may range from personal photos, videos, and music to business or customer records," said Greg Bosler, SVP, Consumer Storage and Accessories, Imation. "As a leader in data storage for more than 60 years, Imation is pleased to add Millenniata’s DVD M-DISC and Blu-ray M-DISC products to our portfolio, and look forward to bringing this innovative optical solution to our customers worldwide."

Comments

But why Imation didn't offer to acquire Millenniata - rather than Nexsan for $120 million?

The M-DISC, currently one of the best long-term archiving media, could fit perfectly for a company historically a specialist of storage media, not storage subsystems.

And the price to obtain this start-up could be much lower as Millenniata raised only $12 million since its inception and, recently marketing its products, has probably small revenue.

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