Segway bought by Chinese rival Ninebot

April 15, 2015 11:49 AM

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Segway bought by Chinese rival Ninebot

The acquisition follows an accusation of patent infringement against the Chinese company.

Segway has been bought by a Chinese rival. Beijing-based Ninebot, established in 2012, announced Wednesday that it has bought Segway, having previously been accused of patent infringement by the US company.

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