China's Ninebot buys US scooter firm Segway
Beijing (AFP) April 15, 2015 - A Chinese manufacturer of self-balancing two-wheeled scooters has bought Segway, only months after its US rival filed a complaint alleging it had copied its designs. In a joint statement, Beijing-headquartered Ninebot and Segway announced they had "completed a strategic combination," with Segway becoming a wholly-owned subsidiary of the private Chinese company. Both Ninebot and Segway wi ... more
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