Research in Learning Technology. Chaîne de periodicvideos. Cisco To Shut Down Flip Video Camera Business; Will Give Pink Slips To 550 Employees. Wow.
Cisco has just issued a release stating that in a strategic plan to “align its operations,” the company will exit parts of its consumer businesses and realign the remaining consumer business to support four of its five key company priorities: core routing, switching and services; collaboration; architectures; and video. One of the casualties of this realignment: Cisco’s video camera Flip business, which was part of its $590 million acquisition of Pure Digital. As part of the plan, Cisco will close down its Flip business and “support current FlipShare customers and partners with a transition plan.”