Coriant originated from the Transmission Technology department of Siemens that is situated in Munich Germany. The company in 2013 was announced independent from Nokia Siemens Networks, owned and controlled by the Merlin Equity Partners.
The company, Coriant, was formed following the merge between Nokia Siemens Optical Networks, Tellabs and Sycamore Networks which are the main technology suppliers. There also stands a plan by the Marlin Equity to merge Coriant and Tellabs to operate as Coriant after they acquired Tellabs later on in 2013.
Currently, Coriant offers good deals selling hardware and software for optical transmission that supports data, voice and mobile networks immensely. Coriant has come in strongly to assist its clients in getting into profit margins. This is following their great guidance in resource utilization so as to maximize end-user revenue.
Shaygan Kheradpir who stands out as a business and technology executive, currently heads Coriant as the CEO. Being in the technology and financial industries for over 28 years, Shaygan has gained much experience and has also led to the development of various products.
He was born in London, grew up in Iran and later on moved to the United States for his education. Shaygan attended Cornell University and it is here where he got bachelors, masters and doctoral degree in electrical engineering. This saw him off to his first job at GTE laboratories back in the year 1987. Greatly managing and controlling network routing at GTE, he was named the Chief Executive Officer.
Following the merge between GTE and Verizon to form Verizon’s e-business division, Shaygan served as the president and later on became the CIO at the company. Under his leadership, telecommunication services were improved and operations greatly automated. Shaygan later joined Barclays where he served as the Chief Operating Officer. He worked for product development and this led to his promotion to now serve as the Chief Operations and Technology Officer.
Prior to joining Coriant, Shaygan joined Juniper Networks in 2014. He was named the Chief Executive Officer where he developed an Integrated Operating Plan that helped to curb the pressure from the Elliot’s activist investors.