Tuesday January 16, 2018

The End: Cisco Shuts Down Flip, a $590 Million Mistake
  Posted by: Digg on Apr 13th, 2011 4:18 PM
Cisco is giving up on its barely two-year-old $590 million purchase of Pure Digital Technologies, announcing today that it is closing its Flip business unit and cutting 550 employees as part of a larger restructuring aimed at refocusing the company on its core networking business.

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