Coriant was launched in March 2013 and became independent on May the same year. At that time the firm was owned by Marlin Equity Partners. In January 2013, Marlin Equity had acquired Sycamore, and it was expected that it would merge with Coriant. After the merger a new firm was formed under the name Coriant America Inc. Coriant is an entity that engages in the sale of software and hardware for transmission of mobile networks, data as well as voice. The background of Coriant is Transmission Technology at Siemens department in Munich, Germany.
Coriant has solutions that improve capacity, empower end-to-end agility, control as well as flexibility. The services offered of Coriant meets a vast range of needs that are applied in different sectors and industries. Recently, Coriant announced that an experienced technology expert, Shaygan Kheradpir would be the Chief Executive Officer as well as the Chair of the Board. Previously, Shaygan was working at Marlin Equity Partners in the position of Operating Executive.
Shaygan Kheradpir was assigned the new role in order to drive the company’s expansion strategy and focusing on solutions that are relevant to its clients in today’s dynamic and highly competitive markets. Shaygan is an experienced business executive and also a technology expert. He has replaced DiPietro who was Coriant’s President and CEO. DiPietro played an important role of successfully leading the company in development of new products and also integration. Shaygan was attracted by the potential of Coriant because of its comprehensive portfolio and its innovation in technology. He wants the company to expand clients’ base and also improve its global reach. According to Shaygan, Coriant would enable clients to benefit with cost-effective networking solutions.
Career life of Shaygan Kheradpir
Kheradpir graduated with a PhD in electrical engineering from Cornell University. He has worked in several organizations in the technology, telecommunication and financial industries for more than 20 years. Kheradpir started his career at GTE Laboratories which later merged with Bell Atlantic to form Verizon. At Verizon, he initiated several technological products that were developed by his team of professionals. He later moved to Barclay Group where he worked as a Chief Information Officer for retail and business banking sector. He developed new customers’ products at Barclays like Pingit money transfer software. Kheradpir has also worked at Juniper Networks as the CEO. He developed a cost cutting software that attracted more investors into the firm.