Cisco to Acquire MOTO -- a Design Consultancy

Cisco will acquire privately held MOTO Development Group, a design consulting firm that develops products and product strategies for the consumer industry. The San Francisco based company, which has about 35 consultants on staff, assisted with the development of the Flip video product family, which Cisco acquired last year. Cisco said MOTO's philosophy directly aligns with its own consumer device strategy. Financial terms were not disclosed.
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