Segway Announces The Most Understated Merger Ever

from the so-yeah-we-were-acquired-by-somebody-some-time-ago dept

Considering the amount of hype and buzz that came about when Dean Kamen’s Segway was first introduced, it seems like the company is going for the exact opposite in discussing its recent merger with a UK company. The company didn’t even mention it for nearly a month, and only said something once rumors started spreading, and then the blog post they put up about it gives very little in the way of detail. They don’t even mention the company’s name:

Segway Inc. is pleased to announce that in connection with a merger that occurred on December 24, 2009, Segway was acquired by a company that is based in the United Kingdom. The acquiring company is backed by Jimi Heselden, a prominent U.K. businessman and the Chairman of Hesco Bastion. Mr. Heselden is also an investor in the independently owned Segway U.K. distributorship.

The company also got some funding (and lost its latest in a long, long, long line of CEOs), but in an interview with the local paper, Dean Kamen admits that he doesn’t even know who the new investor is.

Filed Under: ,
Companies: segway

Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “Segway Announces The Most Understated Merger Ever”

Subscribe: RSS Leave a comment
Dark Helmet (profile) says:


“Dean Kamen admits that he doesn’t even know who the new investor is.”

This is easy. That’s because Mr. Heselden is also known as Number Two, and the unknown company they merged with is Dr. Evil’s Evil Corp.

Can’t you just see Dr. Evil mandating that all of his henchman zip around his evil volcano lair on those idiotic things? With a tiny little one made for Mini-Me?

Well!!?? CAN’T YOU!!?????

Add Your Comment

Your email address will not be published.

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...