Cisco Shuts Down Flip Camcorder Business

Since Cisco would focus on how it help its enterprise and service provider customers optimize and expand offerings for consumers, and help ensure the network's ability to deliver on those offerings, it planed to shut Flip Camcorder Business after two years' acquisition. The company says it will concentrate on home networking and expanding into a video platform for the home with the rest of the Consumer Business Group.

Now the quality of a typical smartphone video camera is comparable to the Flip, and people have their phones on them all the time. Cisco may concern that the product line growing rate will be slow down although with the cleanest and easiest video the Flip was still holding its ground against competition to use non-phone video solutions.