Sunday, September 4, 2005

Telcordia Names Lucent Exec as New CEO

Telcordia has appointed Daniel J. Carroll as its new President and CEO, replacing Matthew J. Desch, who will serve the company as Non-Executive Chairman. Most recently, Carroll was Chief Operating Officer of the Business Communications Services Division at Lucent Technologies, where he was responsible for a $7 billion global business that provided telecommunications systems to large and small business enterprises. Carroll, a professional engineer who played an instrumental role in the development of the first VOIP switch for the Lucent division that later became Avaya, spent 35 years with the AT&T, Western Electric and the Lucent family of companies.

  • In March 2005, Providence Equity Partners and Warburg Pincus completed their acquisition of Telcordia Technologies from Science Applications International Corporation (SAIC). The two firms are co-equal partners in the deal; further terms of the transaction were not disclosed.

  • Telcordia, based in Piscataway, N.J., is a leading global provider of telecommunications software and services. The company's solutions handle the complex tasks required to develop, maintain, monitor and fix today's carrier networks.

  • Telcordia was previously known as Bellcore prior to is acquisition by SAIC from the Regional Bell Operating Companies in 1997.


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