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AeroVironment Invests In Swedish Firm

socalTECH

Monrovia, California-based Aerovironment , the developer of unmanned aircraft systems, said this morning that it is making an investment in a Swedish developer of vertical takeoff and landing (VTOL) systems. The move comes as part of an effort to provide VTOL unmanned aircraft systems to Aerovironment's customers. READ MORE>>.

Invest 153
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Parasoft Links With Electric Cloud On Software Testing Support

socalTECH

Monrovia, California-based Parasoft , which develops software testing tools, said today that it has linked with Electric Cloud , a provider of cloud-based software testing services, to integrate their technologies. Financial details of the link between the firms was not announced. READ MORE>>.

Software 153
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Green Dot Acquires Loopt

socalTECH

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
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AeroVironment Gets Electric Vehicle Charging Win

socalTECH

Monrovia-based AeroVironment , the developer of unmanned aerial vehicles and electric vehicle charging technology, has scored an electric vehicle charging win with a Kansas based manufacturer. based in Kansas, it has selected AeroVironment to provide charging stations to its customers. According to Milbank Manufacturing Co.

Monrovia 145
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Tanner Expands Sales Efforts In China

socalTECH

Monrovia-baesd Tanner EDA , the developer of mixed signal electronic design automation software, said today that it has expanded its presence in the Chinese market, and has signed up a new sales and support partner. Tanner said that it has appointed NewPlus Systems and Technologies Ltd. READ MORE>>.

Sales 150
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AeroVironment Wins Ford For Plug-In Electric Vehicle Charging

socalTECH

Monrovia, California-based electric vehicle charging developer Aerovironment has added a big new customer for its charging station installation service today: Ford Motor Company.

Monrovia 198
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Tanner Research Gets $1.2M Army Contract

socalTECH

Monrovia-based Tanner Research has received a $1.2M Tanner said the funding is part of the firm's development of technology to intercept rocket, artillery, and mortar threats for ARDEC. Tanner said the funding is part of the firm's development of technology to intercept rocket, artillery, and mortar threats for ARDEC.