Coriant was a launched in March 2013 and is a leading supplier of packet/optical switching and aggregation, future-proof optical transport, and SDN-enabled service management and control solutions to Tier 1 network operators worldwide. Formed by Marlin Equity Partners through the powerful combination of the Nokia Siemens Networks from powerhouse companies with Siemens Optical Networks, Tellabs, and Sycamore Networks – all three companies had a distinguished 35 years of technology innovations combined.
Coriant offers their services to communication service providers, utility operators, government agencies, defense agencies, finance and banking industries among other agencies. Coriant has been winning plump deals with an array of key corporate customers. It has won the admiration of a number of global carriers which includes Australia’s NBN, China Unicom, BSNL, and TSIC.
When Pat DiPietro announced that he was stepping down as CEO of Coriant to return to Marlin Equity very few people were surprised. DiPietro named Shaygan Kheradpir as the new CEO of Coriant. Shaygan Kheradpir worked as an Operating Partner focusing on strategic telecom and technology investments at Marlin Equity Partner before he was appointed CEO of Coriant in September 2013. DiPietro meanwhile returned to his former role as an operating partner at Marlin Equity Partners.
Kheradpir’s first job was at GTE in 1987 and when he later joined Verizon, he served as the EVP and Chief Information Officer. His team contributed to the development of Verizon’s FiOS fiber optic video initiative which is one of the U.S.’s largest infrastructure programs. Then Kheradpir joined Barclays as the Chief Operating Officer of the Global Retail & Business Bank and also served on the executive committee. He developed customer products like the Pingit mobile payments software.
He moved to the United States for further studies and eventually earned a bachelor’s, master’s and doctoral degree in electrical engineering from Cornell University.
He’s a leader and executive with many years of industry experience. His main objectives at Coriant are to drive growth and strengthen the company’s existing end-user solutions.