Bixi was recently sold as part of their bankruptcy
Last week, a judge approved the sale of Bixi’s international arm — which sells bike-sharing systems to cities around the world — to Longueuil furniture mogul Bruno Rodi for $4 million.
Soon after the sale was approved, Rodi received at least three offers to buy the international business but declined, a source said.
But it won't all be smooth for Alta/Capital Bikeshare
As owner of that business, he will get all of Bixi’s non-Montreal inventory, as well as its intellectual property (designs, drawings, specifications, patents and licenses).
Most of Bixi’s contracts with other cities will be cancelled. Rodi will only retain two contracts with cities that have yet to receive bikes.
It remains to be seen how this will affect CaBi.