Flip Camcorder Stole 13% of Market, May Have Also Stolen Software

The Flip camcorder won our hearts with a stripped down, value priced approach to home video. However, a company called Advanced Video Technologies (AVT) has filed suit claiming that the company behind the Flip stole their patented Full Duplex Single Chip Video Codec compression software. Fortunately for consumers, AVT is not seeking to block sales of the Flip, but I bet they would love to get their hands on some of the gravy from that 13% share. [Reuters]

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