VCs flip Flip to Cisco in nick of time?

March 19th, 2009 6:28pm

The Flip video camera became a best-seller in the US last Christmas as a cheap, dead simple device for capturing video and uploading it to a computer or the web.

Its maker Pure Digital was also capturing the market for a moment in time and has sold more than 2m units to date.

But Pure Digital’s sale today to Cisco may also be a perfectly timed exit for its VC backers - much bigger competitors are bearing down on the startup, looking to copy its success. Continue reading "VCs flip Flip to Cisco in nick of time?"

Sony sees Flip is no flop

January 8th, 2009 9:52am

Webbie HD@CES, Las Vegas - Flip camcorders from San Francisco’s Pure Digital were Christmas best-sellers in the US, but electronics giant Sony has hit back in January with its own take on the low-priced point-and-shoot video cameras.

It unveiled a new line of camcorders called “Webbie HD” at its press conference at the Consumer Electronics Show on Wednesday evening, with the MHS-PM1 (pictured) paying homage to the Flip’s design and features. Continue reading "Sony sees Flip is no flop"