As part of the acquisition, Lyft acquires Motivate’s technology and corporate functions. Motivate’s bike maintenance and servicing operations will remain a stand-alone business run by Motivate.
Car-hailing company Lyft has acquired Motivate, the company that runs Washington’s Capital Bikeshare, New York City’s Citi Bike and bikesharing programs in several other big cities, for an undisclosed sum.
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