I love stories like this!
I'm sure by now most of you have heard about Pure Digital (the makers of the Flip camcorder, my favorite gadget) being purchased by Cisco. Read the NY Times article here.
A Tiny Camcorder Has a Big Payday
By ASHLEE VANCE
Published: March 20, 2009
The maker of Flip video cameras was bought by Cisco Systems for $590 million, in a move that may help Cisco extend its videoconferencing technology to mobile devices.
