Ex-CEO of Argus takes helm of Silicon Valley firm
SAVOY — The former president of Argus Systems Group in Savoy has taken a new job as president and chief executive officer of a company based in Silicon Valley.
Andrew Jones has taken the helm of Orchestral Networks, a Redwood City, Calif.-based company that develops software for wireless network providers.
Jones was president and CEO of Argus for almost 10 years. That company — which develops trusted operating systems for use in high-security environments — was acquired by General Dynamics C4 Systems in 2011.
Jones was a founding member of Open Prairie Ventures, a venture fund based in East Central Illinois, and was the lead investor in two of its portfolio companies, Infoblox and TomoTherapy.
In 2003, he led the acquisition of the assets of Argus and became CEO to lead the company's restructuring. In 2006, Jones left Open Prairie to lead Argus on a full-time basis.
TomoTherapy went public in 2007 and was later acquired by Accuray. Infoblox floated a public offering early this year and is now listed on the New York Stock Exchange.
"Orchestral Networks has the right product at the right time, and all the big wireless network providers are beginning to realize they need this kind of capability," Jones said. "The upside for this company in this market is bigger than anything we funded at Open Prairie."
Orchestral Networks, founded by network designer Mark Cummings, develops software that helps wireless network providers configure and manage large systems.
Wireless networks are expanding to thousands of base stations and are becoming data networks, not just voice networks.