AeroVironment acquires German leader in ground robotic solutions, Telerob

SIMI VALLEY: AeroVironment Inc. has entered into an agreement to acquire Telerob Gesellschaft für Fernhantierungstechnik mbH for approximately $45.4 million (€37.5 million) in cash, and will pay-off approximately $9.4 million (€7.8 million) in Telerob’s debt at closing. Telerob’s shareholder has the potential to receive an additional earn-out over three years of up to approximately $7.3…