Coriant is a company that stands out on its own as it is rather new. It has only been an independent company for a little less than three years now. Despite this though, it has been around for some time. It started up as part of the Nokia Siemens company and was the networking fiber optics department within the business. When the Nokia Siemens Networks receive new ownership, Coriant split off and became its own company. When this happened, the realization of needing a new, yet experienced CEO proved to be an important decision. Shaygan Kheradpir is the individual they settled on and he has helped guide the business to new heights and give it a specific direction.
Coriant focuses on the production of hardware and software to improve optical transmission, including voice, mobile and data networks. With the growing requirement of data networks throughout the world, having a system capable of supporting more and more data transfers is important. This is where the fiber optics networking comes in.
The company originally started in the late 1990s creating the networking for Siemens. As the company created Nokia and worked into the mobile phone industry, the networking became more and more necessary. That is why it has been able to spin off and become its own business upon the new ownership of Siemens.
Coriant went after Shaygan Kheradpir due to his tech background. He has a Ph.D. in electrical engineering. He also worked with Verizon, helping the company develop its FiOS fiber optics system. Plus, all of this has made it possible to grow the business as Shaygan has experience working on a board of directors and as the CEO. He sat on Barclay’s board of directors and was the CEO for Juniper Networks. As the need for more data networking increases, the need for more hardware requirements will increase as well, which offers a nice boost to the Coriant business and what it is able to do. So, unlike other tech companies based someone on past technology, the need to continually improve data transfer rates is always on the forefront of the tech world, and it is why Coriant is going to be a major player for years to come.
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