Cisco plans to shut its Flip camcorder business

(AP) -- Cisco Systems Inc., one of the titans of the technology industry, on Tuesday said it is killing the Flip Video, the most popular video camera in the U.S., just two years after it bought the startup that created it.

Latest Flip is bigger, but better

Since its debut in 2007, the Flip video camera has turned millions of people into filmmakers by providing a foolproof way to shoot videos and upload them to the Web.

Cisco buys Flip Video maker

US networking giant Cisco Systems Inc. announced on Thursday it was buying Pure Digital Technologies, maker of the popular Flip Video camcorder, in a deal worth more than 600 million dollars.