Mr. Bob Fernander has joined data storage and information security company
Imation. Imation, whose headquarters are in Oakdale, Minnesota, USA, specializes in products and solutions that “help organizations and individuals store, manage and protect digital content”. Its range of products and services include Nexsan solid-state optimized unified hybrid storage solutions and IronKey mobile security solutions. Mr. Fernander joins the company as Interim CEO.
“As an experienced professional with an established track record of building technology-based businesses, Bob is the right interim leader for Imation,” explained the non-executive Chairman of the Imation Board, Joseph A. De Perio. “He is deeply involved in the execution of the Company-wide restructuring plan and has the skill set necessary to maximize the value of our storage businesses, which includes Nexsan, IronKey and now Connected Data,” “Connected Data puts the Company’s product roadmap on trend and boosts the enterprise value potential of all of Imation’s storage businesses. Geoff is an exceptional business builder, technologist and inventor, and Imation is fortunate to bring him on as an executive overseeing all of our storage strategies and development.”
Alongside news of Mr. Fernander’s appointment Imation has also announced its acquisition of Connected Data, Inc. (Connected Data). Connected Data, which was established in 2012, is the producer of ‘Transporter’, an “enterprise-class, private cloud sync and share line of appliances that offer a secure, on premise and cost efficient alternative to Dropbox”. Connected Data’s technology is used to establish a mobile data infrastructure that “delivers public cloud features without the expense or security compromises of cloud services”. The cost of the deal is reported to be in the region of approximately $4.4 million while Connected Data has revenues of $7 million projected for 2016.
“Connected Data is a pioneering company and a significant acquisition for Imation that will place us at the forefront of the one of the fastest growing and most important sectors of technology,” explained Mr. Fernander. “The Connected Data product line will be able to leverage the existing Nexsan sales infrastructure and channel relationships to boost sales and create a more comprehensive product offering. We are witnessing an increasing global demand for cost efficient, secure file synchronization to mobile devices, and Connected Data’s alignment with Imation’s SDMA (Secure Data Movement Architecture) will allow us to deliver industry leading private cloud solutions.”
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