Posts tagged as:

flip

lespion s James Bond Spy Camera

  • MacRumors reported yesterday on the iPod Video (meaning video camera enabled) coming to market in the very near future. There are already manufacturers producing cases for the item. The iPod Video will cause a revolution in the consumer video market. The Flip Mino HD got us rolling with their $229 high-def camera, however it can neither play music, make a phone call, download games and upload content via wi-fi. Sorry Cisco. Their have been over 220M iPods sold to date, imagine a day when there are over 220M iPods equipped with video cameras. It will be mayhem and probably more detrimental to our lives than good (everyone will be James Bond, although I’d still prefer the lighter camera).

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Cisco Goes Flip Mode

by Jason Wilk on March 19, 2009

  • Cisco Systems Inc, the company which should be buying Sun Micrososytems, has announced it will be buying buying Flip digital camcorder-maker, Pure Digital Technologies
  • Cisco, the world’s largest maker of computer networking equipment said today it would pay $590 million in stock to purchase all of privately held Pure Digital’s shares.
  • Cisco is attracted to Pure Digital’s pocket-sized Flip camcorder, which has sold more than 2 million units in the US, will help Cisco with their plans to diversify into the consumer market.

“This acquisition will take Cisco’s consumer business to the next level as the company … drives the next generation of entertainment and communication experiences,” Ned Hooper, senior vice president of Cisco’s corporate development and consumer groups, said in the statement.

  • Cisco has $29 billion in cash to make the purchase, which is only a small piece of their plans to expand into other markets. What’s great about this potential acquisition is it gets Silicon Valley VC’s one of their first exits of the year. Pure Digital, based in San Francisco, is backed by venture capital investors including Sequoia Capital and Benchmark Capital. Of course.

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