Boeing forms venture capital group, invests in two tech startups


Boeing Co said on Wednesday it had launched a venture capital arm and invested in two tech startups, a fresh sign of the importance big companies see in keeping up with rapidly evolving technology for designing and making products.

Boeing's new division, known as HorizonX, invested in Upskill, a Washington, DC-based software company that uses Google Glass-type eye wear to help assembly workers with complex tasks such as creating wiring bundles for Boeing jetliners. It also invested in Zunum Aero, a Seattle-area company that is.....

This article is no longer available in our repository.

There could be multiple reasons for this.