Sphere 3D (ANY) Tops Q2 EPS by 1c

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Sphere 3D Reports Second Quarter 2015 Financial Results

August 13, 2015 4:42 PM EDT

SAN JOSE, CA -- (Marketwired) -- 08/13/15 -- Sphere 3D Corp. (NASDAQ: ANY), a virtualization and data management solutions provider, today reported financial results for its second quarter ended June 30, 2015.

"We continue to execute on our vision to become a leader in virtualization and data management," said Eric Kelly, CEO of Sphere 3D. "This has been demonstrated by our recent completion of key strategic milestones like our first Cloud offering of SnapCLOUD" in the Microsoft Azure Marketplace and our recent launch of the Glassware 2.0 G-Series on-premise appliance for Education applications."

Second Quarter... More

Imation to Sell RDX™ Storage Business

August 13, 2015 4:30 PM EDT

Decision results from Imations ongoing Strategic Review Process

OAKDALE, Minn.--(BUSINESS WIRE)-- Imation Corp. (NYSE: IMN) (the Company) today announced an agreement to sell its RDX Storage product line, including associated inventory, to Sphere 3D (NASDAQ: ANY) for approximately $6 million. Under terms of the agreement, Imation will receive approximately 1.5 million shares of Sphere 3D common stock, which are... More