Welcome!

SDN Journal Authors: Liz McMillan, Hollis Tibbetts, Vinod Mohan, Chris Colosimo, Jason Bloomberg

News Feed Item

Marlin Equity Partners Takes First Step in Plan to Merge Coriant and Tellabs

Marlin Equity Partners (“Marlin”), a global investment firm, today announced the formation of a single leadership and organizational structure for its Coriant and Tellabs portfolio companies. With a focus on customer value creation, this move represents the first step in a plan to merge the industry-leading networking suppliers under the Coriant brand. As part of today’s announcement, Marlin has appointed Bob Leggett as Chairman of the Board, Pat DiPietro as Chief Executive Officer and Herbert Merz as President and Chief Operating Officer of the unified organization. Dan Kelly, who is stepping down as Tellabs’ President and Chief Executive Officer, will remain in an advisory role during the transition process.

"Dan’s leadership and years of dedicated service at Tellabs have played an important part in the company’s heritage of technology innovation and product leadership,” said Bob Leggett, Chairman of the Board, Coriant. “We are pleased to have Dan’s support as we make this transition, and are excited to build upon the company’s distinguished heritage and successful track record of delivering customer-centric solutions. With the alignment of the organizations under a single leadership structure and a common vision, Marlin is taking an important step toward fully capitalizing on a highly complementary set of products and customers. Pat’s appointment is further evidence of Marlin’s commitment to Coriant and its customers. He brings deep industry knowledge and proven leadership experience to his role, and we are very pleased and fortunate to have someone of his caliber lead the combined organization.”

“I am thrilled to be joining an exceptional team of industry professionals and networking leaders at a time of unprecedented market opportunity,” said Pat DiPietro, Chief Executive Officer, Coriant. “From mobile cell sites to mission-critical enterprises and cloud data centers, the demand for agile broadband connectivity is fundamentally reshaping network and service requirements. The combined technical expertise and complementary product portfolios will significantly strengthen Coriant’s ability to deliver high-value end-to-end solutions to service providers, while accelerating Coriant’s leadership in software-defined networking, programmability, and automation for next-generation transport networks.”

The actions announced today leverage deep technical and operational collaboration already underway between the two organizations. The newly appointed leadership team will act in a single capacity over ongoing operations of both companies and is committed to ensuring a smooth and non-disruptive transition for all of its customers, who can expect business as usual for the near term.

“We are very excited about the opportunity to increase the immediate and long-term value we can bring to our customers globally,” said Herbert Merz, President and Chief Operating Officer, Coriant. “We remain committed to delivering superior customer support and unsurpassed product quality, and will ensure timely communications with our customers and business partners as we take further steps toward integration in the coming months.”

The executive appointments announced today underscore the company’s unwavering focus on technology innovation, customer-centric values, and service excellence. Mr. Leggett, a Marlin Operating Partner, brings to his role a wealth of executive-level management experience in the communications, optical systems and electronics industries. Over the course of a career in technology spanning over 30 years, Mr. DiPietro has launched several highly successful networking products and start-up ventures. Mr. DiPietro has extensive executive management and R&D experience in the telecommunications and technology industries, including senior leadership roles at Nortel and Bell Northern Research. Mr. Merz, whose President and COO role includes responsibility for Coriant sales, services, operations, procurement, IT and Human Resources, has over 20 years of executive management and leadership experience, as well as a deep background in account management, services, strategic transformations and operations. Prior to leading the formation of Coriant, Mr. Merz served as the Head of Nokia Siemens Networks Optical Networks Business Unit and was a member of the Executive Board of Nokia Siemens Networks.

Tellabs and Coriant’s industry-leading networking solutions will be showcased at upcoming industry events, including:

  • Mobile World Congress, February 24-27, 2014, Barcelona, Spain; Stand #10
  • OFC 2014, March 11-13, 2014, San Francisco, California; Booth #2511
  • WDM & Next Generation Optical Networking, APAC, March 24-26, 2014, Singapore; Stand #9/#10

In a separate press release, Marlin announced today that it will establish an independent business for the Tellabs Access product portfolio. The independent business will enable increased focus on the company’s Access business, while accelerating Tellabs’ market leadership position in Optical Local Area Network (OLAN) solutions for enterprises and government agencies.

About Marlin Equity Partners

Marlin Equity Partners is a global investment firm with over $2.6 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthens a company's outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 70 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@CloudExpo Stories
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
This talk centers around how to automate best practices in a multi-/hybrid-cloud world based on our work with customers like GE, Discovery Communications and Fannie Mae. Today’s enterprises are reaping the benefits of cloud computing, but also discovering many risks and challenges. In the age of DevOps and the decentralization of IT, it’s easy to over-provision resources, forget that instances are running, or unintentionally expose vulnerabilities.
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, will motivate why realizing the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insigh...
When NSA's digital armory was leaked, it was only a matter of time before the code was morphed into a ransom seeking worm. This talk, designed for C-level attendees, demonstrates a Live Hack of a virtual environment to show the ease in which any average user can leverage these tools and infiltrate their network environment. This session will include an overview of the Shadbrokers NSA leak situation.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
As enterprise cloud becomes the norm, businesses and government programs must address compounded regulatory compliance related to data privacy and information protection. The most recent, Controlled Unclassified Information and the EU’s GDPR have board level implications and companies still struggle with demonstrating due diligence. Developers and DevOps leaders, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by in...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that Carbonite will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Carbonite protects your entire IT footprint with the right level of protection for each workload, ensuring lower costs and dependable solutions with DoubleTake and Evault.