Lyft claims it is on a path to "revolutionize urban transportation" with an agreement to acquire the technology and corporate functions of bike-sharing brand Motivate.
Terms of the deal have not been disclosed.
Motivate will retain bike maintenance and servicing functions as a standalone business, meaning the name will continue its presence in cities across North America.
Some 80% of bike-share services are claimed to be operated by Motivate-powered systems in the US and Canada, including Citi Bike in New York City, Ford GoBike in San Francisco and Capital Bikeshare in Washington D.C..
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Lyft says the deal is part of a pledge to make ground transportation more environmentally friendly, either through car-sharing or carbon neutral services such as bicycles.
It is committed to investing in introducing bike services in its existing major markets and help push forward technology such as dock-less collections and pedal-assist cycles.
John Zimmer, Lyft co-founder and president, says: "Lyft and Motivate have both been committed for years to the same goal of reducing the need for personal car ownership by providing reliable and affordable ways to move around our cities.
"Bringing together Lyft and Motivate will accelerate our collaboration with cities and deliver even better experiences to our passengers and riders."
Hear from the Lyft founder and president...