Cisco Systems is ramping up its consumer portfolio once again with TelePresence

Cisco Systems is ramping up its consumer portfolio once again, readying a consumer version of its popular TelePresence videoconferencing software, a top company executive told Reuters.

The consumer TelePresence would likely cost in the $500 range, as opposed to about $300,000 for the professional version.

Cisco is also behind Flip video cameras, having purchased parent company Pure Digital last year.

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Cisco Readies Consumer TelePresence