Computers and Electronics Does Imation still exist? Does Imation still exist? The combined Imation, Memorex and TDK Life on Record brands made the company into a global market share leader in sales of CD-R and DVD media before that business was shut down in 2016. Imation changed its name to Glassbridge Enterprises on . Related Posts:Are DVD players becoming obsolete?Can you use a DVD player with a smart TV?How do I choose a DVD player?How do you finalize a Sony Handycam mini DVD?