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AeroVironment Sells EV Charging, Test Business To German Company For $35M

socalTECH

JUNE 5, 2018

Monrovia, California-based Aerovironment , the developer of unmanned aircraft systems, has sold its other business--focused on electric vehicle charging and test systems--to a German company, Webasto Group. According to the two companies, Aerovironment sold its Efficient Energy Systems (EES) business segment to Webasto for $35M.

Monrovia 153
Monrovia Company Companies Help 153
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Green Dot Acquires Loopt

socalTECH

MARCH 9, 2012

Monrovia, California-based Green Dot , the prepaid debit card provider headed by Steve Streit, said this morning that it has acquired Silicon Valley mobile social networking firm Loopt. in cash for Loopt, which will become its Silicon Valley hub for its mobile technology and product development team. Green Dot said it will pay $43.4M

Monrovia 150
Monrovia Social Network Mobile Acquisition 150
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