Flip VideoCisco Acquires Flip Video Camera Maker for $590 MillionAuthored by Mark Hefflinger on March 19, 2009 - 7:55am.
San Jose,
Calif. - Networking equipment
giant Cisco (NASD: CSCO) announced on Thursday that it will acquire Pure Digital
Technologies, maker of the Flip Video line of Web-ready digital camcorders, for
$590 million in stock. Cisco will also offer $15 million as incentives for
retaining Pure Digital employees. San Francisco-based Pure Digital began
selling its camcorders, priced at $100 to $299, in 2007, and has since sold
more than 2 million units.
Report: Flip Camera Maker Pure Digital for Sale; Cisco InterestedAuthored by Mark Hefflinger on March 9, 2009 - 8:23am.
San Francisco
- Pure Digital Technologies, maker of the Flip Video line of low-cost digital
video camcorders that can upload video directly to the Internet, is considering
a sale of the company, and Cisco Systems is among the interested buyers, TechCrunch
reported, citing "multiple sources."
Pure Digital's Flip Video Camcorders Provide Direct YouTube UploadsAuthored by Mark Hefflinger on May 1, 2007 - 4:01pm.
San Francisco - Pure Digital Technologies on Tuesday introduced a new line of digital camcorders designed to make it simple for consumers to shoot video and upload it to video-sharing sites like YouTube. The Flip Video camcorders -- priced at $119 for a 30-minute model and $149 for a 60-minute model -- have a built-in USB connector and onboard software that automatically transcodes video into formats suitable for video-sharing sites. |
Upcoming DMW Events
December 8, 2009 | Santa Monica, CA www.lafilmconference.com
January 8, 2010 | Las Vegas, NV www.digitalmediainsider.com
Feb. 24-25, 2010 | New York, NY www.digitalmusicforum.com Events Calendar Submit a Speaker To receive event updates & announcements:
NavigationUser loginAds |
Daily Newsletter and NetworkingLatest Top Stories
DMW Widget - Grab it and embed!Latest Briefly Noted
PollOther Ads |
Recent comments
4 days 3 hours ago
4 days 4 hours ago
4 days 5 hours ago
4 days 13 hours ago
4 days 14 hours ago
5 days 12 hours ago
5 days 19 hours ago
6 days 3 hours ago
6 days 3 hours ago
1 week 2 days ago