Big Cuddly Bear
DIS Veteran
- Joined
- Aug 27, 2010
- Messages
- 1,650
I have had 3 of these things. Just wonderful for having a decent camcorder in your pocket. I know the argument is that smartphones have video recording, but I preferred the Flip and the software that came with it. I don't like my Droid for video.
http://www.nytimes.com/2011/04/13/technology/13flip.html
Excerpt:
Cisco, the computer-networking giant, announced Tuesday that part of its restructuring plan will including shutting down the company’s Flip video camera division that it bought just two years ago for $590 million.
Cisco announced on Tuesday that it would close its Flip business.
The decision marks a retreat from the consumer market for Cisco, which purchased Pure Digital Technologies, Flip’s parent company, in March of 2009 in a stock transaction.
“We are making key, targeted moves as we align operations in support of our network-centric platform strategy," said John Chambers, Cisco’s chief executive, in a statement. “As we move forward, our consumer efforts will focus on how we help our enterprise and service provider customers optimize and expand their offerings for consumers, and help ensure the network’s ability to deliver on those offerings.”
The restructuring, which will include changes to other divisions of Cisco, will result in the dismissal of 550 employees by the end of 2011 and a charge of up to $300 million.
http://www.nytimes.com/2011/04/13/technology/13flip.html
Excerpt:
Cisco, the computer-networking giant, announced Tuesday that part of its restructuring plan will including shutting down the company’s Flip video camera division that it bought just two years ago for $590 million.
Cisco announced on Tuesday that it would close its Flip business.
The decision marks a retreat from the consumer market for Cisco, which purchased Pure Digital Technologies, Flip’s parent company, in March of 2009 in a stock transaction.
“We are making key, targeted moves as we align operations in support of our network-centric platform strategy," said John Chambers, Cisco’s chief executive, in a statement. “As we move forward, our consumer efforts will focus on how we help our enterprise and service provider customers optimize and expand their offerings for consumers, and help ensure the network’s ability to deliver on those offerings.”
The restructuring, which will include changes to other divisions of Cisco, will result in the dismissal of 550 employees by the end of 2011 and a charge of up to $300 million.