I read this weekend in the Minneapolis Star and Tribune an interesting article about one of our important vendors – Rimage Corporation of Edina, Minnesota.\u00a0I have used and sold Rimage thermal disc printers and duplicators for over 10 years.<\/p>\n
The article talks about Rimage’s\u00a0plan to grow their business into “the cloud.” It also states that some of Rimage’s shareholders are not impressed with\u00a0these plans as many prominent companies are already in this space – IBM, HP, VMware, Amazon, SalesForce.com, etc. These same investors want Rimage to return a large part of the $109 million in cash to their shareholders in the form of a special dividend.<\/p>\n
Rimage management has other ideas like using this large cash position to invest and diversifying away from physical disc media into secure digital publishing in the cloud.<\/p>\n
It will be interesting to see how this new direction plays out. We wish them the best.<\/p>\n
Techware specializes in using, repairing, selling and renting\u00a0Rimage Everest auto-printers, PrismPlus printers, 8100 and 7100 disc duplicators<\/span><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" I read this weekend in the Minneapolis Star and Tribune an interesting article about one of our important vendors – Rimage Corporation of Edina, Minnesota.\u00a0I have used and sold Rimage thermal disc printers and duplicators for over 10 years. The … Continue reading