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by gojomo
4922 days ago
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For reference: Cisco bought Pure Digital, an SF-based startup that created the Flip camera line, for $590 million in 2009, only to shut them down completely 2 years later: http://www.nytimes.com/2011/04/13/technology/13flip.html That episode may be more a reflection on Cisco's confusion than anything wrong with the original product/market. (Perhaps with a less neglectful acquirer, Flip would have been a worthy competitor to GoPro.) |
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It'd have to flip mightily, Pure Digital did consumer "point and shoot" cameras, gopro does actioncams. They're the same thing only in that both are cameras (and then again, so are RED, would you argue RED is going to become a gopro competitor?)