Cisco bought flip as part of a movement in the consumer market has said Cisco systems, is the flip video camera business shutdown and cut 550 jobs, such as it its consumer products unit revisions.In recent years, Cisco, the world's largest manufacturer of computer networking gear, tried to diversify and move into the consumer market.
The group criticized analysts trying to do too much.
Last week, Cisco Chief John Chambers had taken the company lost its way and vowed to focus "bold" steps.
"We key, targeted moves make operations as we support of our network-centric platform strategy align" Mr Chambers said in a statement.
Not able to sell?Cisco bought pure digital technologies, the maker of the Flip camcorder for $590 m in 2009.
The flip quickly became a top seller thanks to its ease, with its signature feature a USB connection, which flipped from the case, so that the camera be connected directly to a computer.
"they announced that they are shutting down, so she not to sell, could that requires," said Philip Alling, analyst at Atlantic shares.
"It is disappointing all proceeds would be from location in the create a sale of business."
But Tim Ghriskey, chief investment officer which Solaris group, said: "this is a step of the company focus focus of Cisco." "This came faster than we expected, but perhaps Cisco studied this for a while."
He added that the company its consumer business can be restructuring so that it can sell the Division.
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