Why Cisco?s Flip Flopped in the Camera Business

Cisco is shutting down a business unit that it bought for over half-a-billion dollars: the Flip camcorder division.
That’s a shame, considering how high the Flip was flying a few short years ago. It’s also a waste, considering that Cisco bought Flip from Pure Digital only two years ago for a cool $590 million. But Cisco [...]

Source: http://www.wired.com/gadgetlab/2011/04/flip-camera-rip/

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