Submission + - Cisco to Close Flip Camera Unit
necro81 writes: When the Flip video camera arrived on the scene a few years ago, it made a splash. Compared to its camcorder brethren, it was smaller, lighter, easier, and cheaper. It was a much ballyhooed touchstone of the Good Enough Revolution. Competitors rushed in; the Flip evolved. Now the Flip is seeing its last days. Cisco, which bought Flip for more than $500 million just two years ago, will close Flip down as part of a money-saving restructuring. The ubiquity video-capable smartphones and pocket cameras has largely eliminated the Flip's niche market.