April 17, 2020 01:51 am
Photo by Amelia Holowaty Krales / The Verge
Original Link: https://www.theverge.com/2020/4/16/21224164/lime-buys-boosted-electric-skateboard-scooter-acquistion-bankrupt
Lime is buying up remnants of electric skateboard company Boosted
Photo by Amelia Holowaty Krales / The Verge
Scooter sharing company Lime is scooping up assets of defunct electric skateboard startup Boosted, The Verge has learned. At least five of Boosted’s core patents were assigned to Lime’s holding company on April 15th in the government’s database, and two former employees say Lime has been working on acquiring Boosted’s intellectual property dating back to the end of 2019.
The move comes after a proposed acquisition from Yamaha fell through for Boosted earlier this year, according to the two former employees familiar with the deal, who were granted anonymity because of non-disclosure agreements they signed with the startup.
It’s unclear if Lime will take on any of the few employees who are still with Boosted, or who will handle outstanding...
Original Link: https://www.theverge.com/2020/4/16/21224164/lime-buys-boosted-electric-skateboard-scooter-acquistion-bankrupt
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