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Featured
Venture
Intellibus Network Solutions Inc.
The
Boeing Company recently engaged Foster Chamberlain to
plan and launch IntelliBus Network Systems, Inc., a spin-off
venture formed to commercialize a breakthrough in electronic
networking.
Initially developed for advanced fighters and helicopters
by Boeing's Military Aircraft and Missile Systems division,
the IntelliBus technology dramatically reduces the complexity
and cost of linking electronic sensors and actuators.
At the same time, it increases a system's overall reliability
and performance, making it valuable for a wide-range of
applications in the automotive, aerospace and industrial-control
industries.
Foster Chamberlain helped to develop the business strategy
and structure for IntelliBus and generated its financial
projections. Then, Todd Peterson, a Foster Chamberlain
principal, was installed as the interim Chief Financial
Officer to solicit and negotiate the terms of an $11 million,
Series A round of venture-capital financing and to help
secure relationships with key customers. |
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