Two of the most recognized media brands are now one and the same

US based optical, flash and magnetic storage behemoths Imation and once king of of the cassette tapes Memorex have just finalized an agreement in which Imation will aquire Memorex for $330M USD cash.  The original press release is relatively vague about the exact details on how brand structure will work under the new conglomorate, unfortunately. 

"You can bet that Sony built a long-term business plan about being successful in Japan and that business plan is crumbling." -- Peter Moore, 24 hours before his Microsoft resignation

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