Segway Inc.
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Segway Inc.
Segway Inc. is a Chinese owned, formerly American manufacturer of two-wheeled personal transporters, chiefly through its Segway PT and Segway miniPro product lines. Founded by inventor Dean Kamen in 1999, the company's name is a homophone of the word "segue". Segway Inc. was headquartered in the U.S. state of New Hampshire and primarily marketed its products to various niche markets, including police departments, military bases, warehouses, corporate campuses, and industrial sites. It has held some key patents on designs for self-balancing personal transporters, although some of them have since expired. Since the Chinese company Ninebot acquired it in 2015, Segway has focused on developing a stronger presence in the consumer market with smaller products such as the Segway miniPro. History Origins The first patent by Dean Kamen for a self-balancing transportation device was filed on February 23, 1993, and granted on December 30, 1997, in relation to the iBOT, a self-balancing ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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IBOT
The iBOT is a powered wheelchair developed by Dean Kamen in a partnership between DEKA and Johnson & Johnson's Independence Technology division. History Development of the iBOT started in 1990 with the first working prototypes available in 1992. In late 1994, DEKA signed a deal with Johnson & Johnson to manufacture the unit, with Johnson & Johnson paying for all subsequent R&D with DEKA receiving a smaller royalty fee than they normally would in return for their retaining rights to all non-medical applications of the technology. Much of the manufacturing work for what was then a very secretive "Project FRED" was done at an SCI (Now Sanmina SCI) plant in Lacy's Spring, Alabama near SCI's corporate headquarters in Huntsville, Alabama. SCI was partnered with Criticon (Johnson & Johnson medical devices) to do development and manufacturing. Development of the iBOT was conducted at DEKA in Manchester, NH. The iBOT was revealed to the public on Dateline NBC in a segment by John Hockenb ...
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Shanghai
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. With a population of 24.89 million as of 2021, Shanghai is the most populous urban area in China with 39,300,000 inhabitants living in the Shanghai metropolitan area, the second most populous city proper in the world (after Chongqing) and the only city in East Asia with a GDP greater than its corresponding capital. Shanghai ranks second among the administrative divisions of Mainland China in human development index (after Beijing). As of 2018, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (nominal) of nearly 9.1 trillion RMB ($1.33 trillion), exceeding that of Mexico with GDP of $1.22 trillion, the 15th largest in the world. Shanghai is one of the world's major centers for ...
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Expo 2010
Expo 2010, officially the Expo 2010 Shanghai China, was held on both banks of the Huangpu River in Shanghai, China, from 1 May to 31 October 2010. It was a major World Expo registered by the Bureau International des Expositions (BIE), in the tradition of international fairs and expositions, the first since 2005. The theme of the exposition was ''"Better City – Better Life"'' and signifies Shanghai's new status in the 21st century as the "next great world city". The Expo emblem features the Chinese character 世 ('world', Chinese "shì") modified to represent three people together with the 2010 date. It had the largest number of countries participating and was the most expensive Expo in the history of the world's fairs. The Shanghai World Expo was also the largest World's Fair site ever at 5.28 square km. By the end of the expo, over 73 million people had visited – a record attendance – and 246 countries and international organizations had participated. On 16 Octobe ...
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New York International Auto Show
The New York International Auto Show is an annual auto show that is held in Manhattan in late March or early April. It is held at the Jacob Javits Convention Center. It usually opens on or just before Easter weekend and closes on the first Sunday after Easter. In 2018, the NYIAS took place from March 30 through April 8. The show has been held annually since 1900. It was the first automotive exhibition in North America. The show was held at the New York Coliseum from 1956 to 1987 when the show moved to the Javits Center. Before the show opens every year, several auto companies debut new production and concept vehicles for the press. In addition, the Greater New York Auto Dealers Association (GNYADA) and the International Motor Press Association (IMPA) host corporate meetings and events. The World Car Awards typically announces its annual award winners as part of these events. In addition to individual programs during the show, there are automobile related conferences, fo ...
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PUMA (electric Car)
The Personal Urban Mobility and Accessibility (PUMA) was an experimental electrically powered road vehicle created by Segway and adopted by General Motors as a concept vehicle representing the future of urban transportation. It operates on two wheels placed side by side, a layout that differs in placement from motorcycles which instead have their two wheels placed at the front and rear. The PUMA design transfers the two-wheeled self-balancing characteristics of a Segway PT into a vehicle that can carry two passengers side by side at up to for a distance of up to .Motavalli, Jim"G.M. Conjures Up a People-Moving Pod" ''The New York Times'', April 6, 2009. Accessed April 7, 2009. Segway's CEO and President, James D. Norrod claimed that the use of General Motors' sales network worldwide could allow for PUMA sales to exceed the number of Segway PT models sold to date. By 2016, Segway no longer shared information about the PUMA project at Segway.com. However, it featured the PUMA ...
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General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and was the largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. Its four core automobile brands are Chevrolet, Buick, GMC (automobile), GMC, and Cadillac. It also holds interests in Chinese brands Wuling Motors and Baojun as well as DMAX (engines), DMAX via joint ventures. Additionally, GM also owns the BrightDrop delivery vehicle manufacturer, GM Defense, a namesake Defense vehicles division which produces military vehicles for the United States government and military; the vehicle safety, security, and information services provider OnStar; the auto parts company ACDelco, a GM Financial, namesake financial lending service; and majority ownership in t ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Venture Capitalist
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first round ...
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John Doerr
L. John Doerr (born June 29, 1951) is an American investor and venture capitalist at Kleiner Perkins in Menlo Park, California. In February 2009, Doerr was appointed a member of the President's Economic Recovery Advisory Board to provide the President and his administration with advice and counsel in trying to fix America's economic downturn. In 2017, related to Forbes, he was recognized the 40th Richest In Tech. , ''Forbes'' ranked Doerr as the 105th richest person in the United States and the 303rd richest person in the world, with a net worth of US$ 12.7 billion as of March 3, 2021. Doerr is the author of ''Measure What Matters,'' a book about goal-setting, and ''Speed & Scale: An Action Plan for Solving Our Climate Crisis Now''. In 2022, John and his wife Ann collaborated with Stanford University to launch its first new school in 70 years: The Stanford Doerr School of Sustainability. Early life Doerr was born in St. Louis, Missouri. One of five siblings, Doerr graduated from ...
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Segway PT
The Segway is a two-wheeled, self-balancing personal transporter invented by Dean Kamen and brought to market in 2001 as the Segway HT, subsequently as the Segway PT, and manufactured by Segway Inc. ''HT'' is an initialism for "human transporter" and ''PT'' for "personal transporter." Ninebot, a Beijing-based transportation robotics startup rival, acquired Segway Inc. in April 2015, broadened the company to include other transportation devices, and announced in June 2020 it would no longer make a two-wheeled, self-balancing product. History Independent company The Segway PT, referred to during development and initial marketing as the Segway HT, was developed from the self-balancing iBOT wheelchair which was initially developed at University of Plymouth, in conjunction with BAE Systems and Sumitomo Precision Products. Segway's first patent was filed in 1994 and granted in 1997, followed by others, including one submitted in June 1999 and granted in October 2001. Prior to i ...
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John Hockenberry
John Charles Hockenberry (born June 4, 1956) is an American journalist and author. He has reported from all over the world, on a wide variety of stories in several mediums for more than three decades. He has written dozens of magazine and newspaper articles, a play, and two books, including the bestselling memoir '' Moving Violations: War Zones, Wheelchairs, and Declarations of Independence,'' which was a finalist for the National Book Critics Circle Award, and the novel ''A River Out Of Eden''.Richards, Linda L. (June 2001)Interview: John Hockenberry.''January Magazine'' He has written for ''The New York Times'', ''The New Yorker'', ''Wired'', '' The Columbia Journalism Review'', ''Metropolis'', ''The Washington Post'', and ''Harper's Magazine''. Hockenberry has appeared as a presenter or moderator at many design and idea conferences around the world including the TED conference, the World Science Festival in New York and in Brisbane, the Mayo Clinic's Transform Symposium, and ...
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