September 28, 2016 4:39 AM ET

Automobiles

Company Overview of Segway Inc.

Company Overview

Segway Inc. designs, develops, and manufactures personal electric transportation devices for consumers and businesses. It offers patrollers for law enforcement and private security agencies for patrol of indoor and outdoor environments; and wooded trails, construction sites, and city sidewalks. The company also offers self-balancing scooters with Bluetooth enabled remote control capability, and wheel scooters; personal robot and robotics mobility platforms; and accessories, such as hard cases, handlebar bags, universal cargo plates, lower cargo frames, smartphone holders with articulating mounts, and tablet holders with articulating mounts. In addition, it provides technical support and serv...

14 Technology Drive

Bedford, NH 03110

United States

Founded in 1999

Phone:

603-222-6000

Fax:

603-222-6001

Key Executives for Segway Inc.

Chief Executive Officer
Interim President and Vice President of Finance
Founder and Chairman
Age: 65
Vice President of Operations
Human Resources Manager
Compensation as of Fiscal Year 2016.

Segway Inc. Key Developments

Segway Opens New European Office in Amsterdam

Segway opens a new European office in Amsterdam. With this office, Segway aims to better serve the EMEA market with a comprehensive range of iconic business-to-business Segway products as well as new consumer products, under the brand Ninebot by Segway. The Segway Europe office was opened on June 21, 2016, in the presence of CEO Lufeng Gao. From the new office, Segway Europe can now serve these markets for the entire EMEA region, enabling professional distribution, central management and increased marketing activities.

Segway Inc. Announces Launch of its Ninebot by Segway miniPRO in the U.S., Canada and Mexico

Segway Inc. announced the launch of its Ninebot by Segway miniPRO in the U.S., Canada and Mexico. The miniPRO offers a unique and exciting transportation experience for recreational, outdoor and on-the-go consumer lifestyles. miniPRO Product Specifications: Developed with patented, advanced self-balancing technology, the miniPRO’s on-board computer tracks the rider's movements at over 100 times per second via complex algorithms, sensors and high-speed processors. Its safety controls monitor the miniPRO’s smart technology enabling the device to learn and adapt to the user's riding habits and its 10.5" inflatable tires ensure an ultra-smooth ride both indoors and outdoors. In addition, riders can monitor speed, view dashboard performance data, customize lighting on the unit, engage a tamper-proof security alarm and remotely operate the device, unmanned, with the Ninebot by Segway App. The miniPRO provides an agile riding experience for ages 16 to 60 and makes it easy for riders to comfortably ride, stop and make 360 degree turns. Designed with the North American consumer in mind, it features a powerful, high-performance lithium-ion battery for sustainable power and can be charged anywhere. The miniPRO allows riders to travel distances of up to 14 miles on a single charge with a top-speed of 10 mph. The device’s aircraft-grade magnesium alloy frame is durable and compact enough to fit into any vehicle.

Segway Inc. Announces Expansion of its Business and Releases its New Corporate Visual Identity System

Segway Inc. announced an expansion of its business and released its new corporate visual identity (VI) system. Following a lengthy research and development process, Segway recently formally added personal robotics to its business lines, thereby expanding its business to include two major categories: Segway PT (Personal Transportation) and Segway Robotics. In 2016, Segway will work with Intel and Xiaomi to enter the home service robotics market. Segway seeks to create a futuristic concept by integrating existing technological proposals—a move that is critical for Segway’s personal robotics business. Following the business expansion, Segway will no longer be a brand limited solely to one category of personal mobility products, but will become a comprehensive technology brand that encompasses personal transportation, service robots, and many other types of products and services. At the same time, Segway also released its new corporate visual identity (VI) system. The emphases of the new VI system are to demonstrate the vitality of technology, and to enhance the brand’s visuals on mobile phones and other new forms of displays. The new VI system has also begun to use a new logo. Segway further announced that Ninebot will become a brand under Segway’s Personal Transportation business line. The industry and investment sectors have paid a great deal of attention to the group holding Segway and Ninebot. Today, the group also announced that it has received an additional round of funding from Intel Capital and GIC at the valuation of over $1 billion. By integrating its research and development centers and massive retail network and support system, Segway has established a global strategic framework, with major hubs in the United States, the Netherlands, Singapore, and China. In 2016, appearing before the media and consumers will be a Segway whose mission is to ‘empower people to live with infinite possibilities.’ With Segway continuing to innovate, this merely marks the initial step of a long journey filled with great opportunities and challenges.

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