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Green Dot Buys GE Capital's Walmart Cards

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Monrovia, California-based prepaid card provider Green Dot has acquired the reloadable prepaid card business of GE Capital , which are marketed under the Walmart brand, the firm said today. Financial terms of the acquisition were not announced. card prepaid financial acquisition merger gecapital walmart gdot green greendot'

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Green Dot's Mashup Of Mobile Startup, Bank Powers GoBank

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How was Monrovia, California-based Green Dot able to quickly launch itself into the mobile banking category? Through two strategic acquisitions, one made in late 2011, and one made in early March of 2012. in assets, and with the acquisition in March of last year of mobile software developer Loopt. READ MORE>>.

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AeroVironment Gets $11.2M Contract

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Monrovia-based AeroVironment , which manufactures unmanned aircraft systems, said Wednesday that it has received an $11.2M military services. military services. pound hand-launched UAV used for reconnaissance, surveillance, and target acquisition. order from the U.S. Army for its Raven small unmanned aircraft systems.

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AeroVironment Gets $37.9M In Orders

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Monrovia-based AeroVironment has scored $37.9M According to AeroVironment, the deal covers both aircraft, retrofit, and support services for the unmanned aircraft, for the U.S. pound, hand-launched unmanned aircraft system being used for reconnaissance, surveillance, and target acquisition by the military. Army and Marine Corps.

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Southern California Linked IPOs Grow

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which has substantial operations in Westlake Village, Beverly Hills-based RealD , Monrovia-based Green Dot , and Woodland Hills-based ReachLocal. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links. Other recent IPOs with Southern California roots include Inphi Corp.

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Green Dot Buys eCommLink

socalTECH

Monrovia-based Green Dot , the provider of prepaid debit cards headed by Steve Streit, said Tuesday that it has acquired prepaid processing firm eCommLink , for $2.5M. The company does not expect to start using its own processing services until the end of a two-year outsource processing agreement it currently has with TSYS.

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