The story
Ibis Bicycles was founded by Scot Nicol, one of the earliest mountain bikers in Northern California. It began in Nicol's garage in 1981, when a friend asked him to build a frame. Nicol sold the company to an investment group in 2000 and it went bankrupt within 20 months. Ibis returned to the industry at the 2005 Interbike tradeshow. Hans Heim, a former co-owner of Bontrager Cycles and Santa Cruz Bicycles, partnered with Scot Nicol, Tom Morgan, and Roxy Lo to relaunch the brand. Colin Hughes, the Head of Engineering, would join later as a partner.
From Wikipedia’s article on Ibis (bicycle company), shared under CC BY-SA 4.0.4