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March 18, 2013 /PRNewswire/ --
Coriant today announced its plans to enter the optical networking industry at OFC/NFOEC, the world's leading event for advancing optical solutions. The company plans to become a game-changer in the optical industry. The Optical Networks business unit of Nokia Siemens Networks would transfer to Coriant after the closing of the planned transaction between Marlin Equity Partners and Nokia Siemens Networks, which was announced on December 3, 2012. The deal is expected to close in the first half of 2013.
Coriant is introducing its plans to accelerate leadership and innovation in the optical networking market, unleashing a vision for reshaping optical networks for operators and their customers. Visit Coriant at OFC/NFOEC at booth #3900.
Operators are beginning the transition from a relatively static 10G world to an era of exponential and dynamic traffic growth driven by concurrent demand for mobility, video and cloud services and applications. This hypergrowth
in demand will fundamentally transform optical network architectures and service delivery strategies for the next decade. Positioned to maximize customer value in the era of hypergrowth, Coriant would bring to market proven 100G/OTN scalability, intelligent control, and extensive automation capabilities with a software-defined, end-to-end approach for more agile service creation.
"With plans to help operators manage costs and complexity as optical networks scale, Coriant is expected to enter the market with proven strengths and a compelling vision for agile, end-to-end service delivery powered by software-defined intelligence," said
Herbert Merz, designated President and CEO of Coriant. "Coriant will redefine optical networks for the hypergrowth era."
After the closing of the planned transaction between Nokia Siemens Networks and Marlin Equity Partners, Coriant would leverage 30 years of German engineering excellence and quality, distinguished by the highest-performing 100G solution. Coriant would begin its journey as the preferred global supplier to leading network operators in six continents and more than 100 countries.