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Farewell Flip Video Camera
by DevDia | April 12, 2011 at 02:21 pm
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The Flip Video Camera is dead. Cisco has killed it.
Mentioned in a press release, Cisco has stated that they will "close down its Flip business and support current FlipShare customers and partners with a transition plan". The news comes two years after the company purchased Pure Digital, the brainchild company behind the gadget, for $590 million.
At the time, the Flip Video was a revolutionary camera that let one easily record and upload video on the net. This feature today is found in many smart phones, making the Flip Video Camera a hard sell and a large part of why the company is shutting the door on the product.
Source: http://finance.yahoo.com/news/Cisco-Restructures-Consumer-iw-514914821.html?x=0&.v=1
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