Coriant Sets New Course And Vision For Optical Networks
ANAHEIM, Calif., 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 solution s. 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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV