• Pure Digital: Thanks For The $1.3 Million Check! How Do I Cash It?

    So here I am this morning opening a pile of mail – schwag from companies, bills, checks for Heather, payroll stuff, the usual. I rip all the envelopes open and then dig in. And I look down and see this check for $1.3 million and change. Trust me, there’s nothing quite like opening up a letter addressed to you and finding a check inside for $1,334,261.05. First thought: woohoo! Read More

  • It's Official: Cisco Buys Pure Digital (Flip Video) For $590 Million

    Earlier this month we reported that Cisco Systems had acquired Pure Digital Technologies, the makers of the popular Flip Video cameras. Today, Cisco officially announced the deal, which was for $590 million in stock. (We had the price at “north of $500 million). Pure Digital will become part of Cisco’s consumer business group, which includes Linksys home routers and set-top boxes… Read More

  • Pure Digital (Flip Video) In Acquisition Discussions; Cisco May Be Buying (Updated)

    San Francisco based Pure Digital Technologies, the seven year old company behind the Flip Video line of video cameras, is considering a sale of the company, multiple sources have confirmed. One interested buyer is rumored to be Cisco. Flip cameras – dead simple and small video devices that are tailored towards users who want to upload video to the Internet – have become… Read More