Lime is buying up the remnants of electric skateboard company Boosted

Scooter sharing company Lime is scooping up the 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.

Shortly after this article was published, Boosted cofounder and former CEO Sanjay Dastoor — who left the company...

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