Coriant, which was founded in 2013, is an independent telecommunications company that provides several types of telecom services which gets its technology from Sycamore Networks, Tellabs, and Siemens Optical. It was in 2013 that Coriant became independent of Nokia and became under new ownership with Marlin Equity Partners. Coriant sells software and hardware designed for optical transmissions which is the backbone network of mobile, voice, and data. Coriant sells such products as optical LAN and broadband access, edge routing solutions, intelligent network management, packet optical transport solutions, cross-connect and TDM solutions, and MSPP solutions. Coriant’s board of directors include several partners of Marlin Equity, Nick Kaiser, Robert Leggett, Doug Bayerd, Pat DiPietro, and one Coriant Member, Herbert Merz.
Shaygan Kheradpir, the CEO of Coriant, has a Ph.D in electrical engineering from Cornell University. Before he became the CEO of Coriant, he also held executive positions at Juniper Networks, GTE, Barclays, and Verizon, all of which he’s contributed an extensive talent in the development of products and cost-cutting initiatives. In regards to Coriant, before he got his CEO position, he was a part of Marlin Equity Partners, the optical-networking vendor. He successfully restructured and executed a cost-cutting plan IOP, integrated Operating Plan, as an answer to the pressure they were receiving from the investors at Elliot Management and cut costs by $160 million for Juniper Networks; A plan that Elliot Management was pleased with.
When Shaygan worked for GTE, where he ultimately became chief information officer, the Wall Street Journal commented on how he was gaining respect for his ability and dedication of delivering products on schedule. At Verizon, he was one of the contributors that diversified the company into a much broader range of telecommunication services in addition to the automation of operations. He was Verizon’s E-business division president and then ultimately Verizon’s very first CIO/CTO. In 2011, he was Barclays Chief Operating Officer for the company’s Global Retail and Business Bank, where he helped create customers products such as the Pingit mobile payment. In 2013, he became Barclays Technology officer and was the first from that department to hold a spot on the executive team.