6 Terrible Tech Acquisitions


Cisco-Pure Digital

Many thought it was strange for Cisco to push into the consumer electronics space with the 2009 purchase of Pure Digital, maker of the popular Flip Video camcorders (pictured). And two years later, those concerns were validated when Cisco announced amid a major corporate restructuring that it would close its Flip business. While the $590 million Cisco paid for Pure Digital wasn't a huge sum, the Flip camera acquisition became a symbol of the networking giant's recent struggles and lack of direction.

 



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