Jennifer Aniston co-owner of Cambridge beauty company

Posted: 10/12/12 at 7:10 am EDT

CAMBRIDGE, Mass. (WHDH) -- Jennifer Aniston got into a little "friendly" business with a local company.

The actress is now co-owner of the Cambridge based company -- Living Proof.

An MIT professor started the beauty company, billed as an exclusive line of hair care products developed by a team of world class scientists.

As part of the deal, Aniston will assist in development and become the company's spokesperson.

Have a story idea or news tip for 7NEWS?

Email: newstips@cw56.com, or call us at 1-800-280-TIPS.