The U.S. telecom equipment manufacturer Cisco announced Tuesday, April 12, he would stop his activity of mini-video cameras Flip and reorganize its activities for the general public. This reorganization will result in the elimination of 550 positions this summer and a pre-tax cost of $ 300 million (207 million).
These cameras the size of a telephone, adapted to the Internet, can perform up to two hours of HD recording. She, however, suffer from competition from other mobile devices, especially phones. Two years ago, Cisco acquired for $ 590 million (408 million euros) in shares, the company Pure Digital Technologies, makers of these devices.
RAISE THE "telepresence" In addition to sacrificing Flip, Cisco will attempt to restart the system "Umi", to organize teleconferences family on the television screen, integrating systems "telepresence" for professionals. These ads take place one week after the group's CEO, John Chambers, has promised to respond after a series of disappointing results.
Action Cisco yielded 0.46% to 17.40 dollars (12.03 euros) to the opening of the NYSE. 
These cameras the size of a telephone, adapted to the Internet, can perform up to two hours of HD recording. She, however, suffer from competition from other mobile devices, especially phones. Two years ago, Cisco acquired for $ 590 million (408 million euros) in shares, the company Pure Digital Technologies, makers of these devices.
RAISE THE "telepresence" In addition to sacrificing Flip, Cisco will attempt to restart the system "Umi", to organize teleconferences family on the television screen, integrating systems "telepresence" for professionals. These ads take place one week after the group's CEO, John Chambers, has promised to respond after a series of disappointing results.
Action Cisco yielded 0.46% to 17.40 dollars (12.03 euros) to the opening of the NYSE.
- RIP Flip Camera: Cisco Restructures (12/04/2011)
- Cisco to Kill the Flip Video Camera (12/04/2011)
- Cisco To Shut Down Flip Video Camera Business; Will Give Pink Slips To 550 Employees (12/04/2011)
- Cisco To Shut Down Flip Video Business; Will Give Pink Slips To 550 Employees (12/04/2011)
- Cisco To Cut 550 Jobs (CSCO) (12/04/2011)
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