• 2006 The first version of the “Pure Digital Point & Shoot” video camera came out, inspired by the success of a disposable video recorder sold at CVS. A year later, it’s renamed Flip.
• 2009 A couple years after Flip caused a mini-revolution in the way digital video was created (It’s like it was designed for YouTube!), Cisco bought the company in question for nearly $600 million.
• 2011 For some reason, the company decided to stop focusing on home users. Among its victims? Flip, which was nicked by the rise of the smartphone. Why don’t you sell the technology, Cisco? source

Posted by Ernie Smith • Permalink