Optical transmission innovator, Coriant opened in 2013 under German technology group, Nokia Siemens. It’s a component of the group’s transmission technology division. The newly formed subsidiary, Coriant, then spin out of ownership under its parent company Nokia Siemens/Marilyn Equity-Partners just two months after it launched. Marilyn Equity-Partners later acquired another technology company, Sycamore forming Coriant America, Inc. Having appointed a new chief executive, Shaygan Kheradpir, Coriant predicts a promising future. Kheradpir replaced former CEO (Chief Executive Officer), Pat DiPietro who’s assumed the vice chair position. With this recent restructuring of leadership, Coriant reinstated DiPietro as a Marlin Equity Partners associate.
Coriant is a combination of Sycamore Networks, Tellabs and Nokia optical transmission unit, Siemens. Interestingly, Kheradpir had an opportunity to explore the Coriant landscape having worked with Marlin Equity Partners as an operating executive. This happened a year prior to him taking up office at Coriant. The vendor has no regrets about appointing Kheradpir as they’re optimistic about incorporating his 28+ years long commitment across multiple facets. This includes industries such as finance, technology and telecommunications. Furthermore, Coriant has acknowledged Kheradpir extensive experience as a technology and business executive. With Kheradpir wealth of knowledge, Coriant foresees the company growing exponentially.
Shaygan Kheradpir joined Coriant executive team where he assumed two key positions, board chairman and CEO. A Cornell University graduate, Kheradpir has an engineering degree at the Ph.D. level having earned his Bachelor’s and Master’s earlier. Additionally, he’s an esteemed associate of Cornell University Engineering Council and a former U.S. NIST (National Institute of Standards and Technology) advisory. The former Juniper Networks CEO handled strategic planning initiatives, including f High IQ/Cloud Builder Networking and spearheaded innovation patenting such as the company’s comprehensive IOP (Integrated Operating Plan).
At Coriant, where Kheradpir currently works, he’s the innovator of groundbreaking strategic planning for technology investments and telecom. Earlier in his career, Kheradpir joined GTE Corporation. He later took up office as an executive vice president and CIO (Chief Information Officer) of Verizon. Largely, he focused on pioneering product innovations, efficiency and modernization. Verizon FiOS is among innovations Kheradpir brought into perspective. Today, it’s become one of the U.S. markets greatest telecom breakthroughs. In fact, the infrastructure has raised $20+ billion in capital funding. Later, Kheradpir then joined Barclays where he functioned as an executive officer of technology and operations. In addition, he served on the executive committee.