Business Career
In 1993, she persuaded her husband, Hamid Ansari, and her brother-in-law, Amir Ansari, to co-found telecom technologies, inc., using their savings and corporate retirement accounts, as a wave of deregulation hit the telecommunications industry. The company was a supplier of softswitch technology that enabled telecom "service providers to enhance system performance, lower operating costs and furnish new revenue opportunities." The company, headquartered in Richardson, Texas, offered a line of products that allowed for integration between existing legacy telecom networks and application-centric, next-generation networks via software switch technology. telecom technologies was acquired by Sonus Networks, Inc. in 2001 in a stock-for-stock transaction for 10.8 million shares of Sonus stock. Anousheh Ansari became "a vice president of Sonus and general manager of Sonus' new INtelligentIP division." As of March 2001, she remained in that position.
In 2006, she co-founded Prodea Systems, and is the current chairman and CEO.
Read more about this topic: Anousheh Ansari
Famous quotes containing the words business and/or career:
“It is the business of thought to define things, to find the boundaries; thought, indeed, is a ceaseless process of definition. It is the business of Art to give things shape. Anyone who takes no delight in the firm outline of an object, or in its essential character, has no artistic sense.... He cannot even be nourished by Art. Like Ephraim, he feeds upon the East wind, which has no boundaries.”
—Vance Palmer (1885–1959)
“Whether lawyer, politician or executive, the American who knows what’s good for his career seeks an institutional rather than an individual identity. He becomes the man from NBC or IBM. The institutional imprint furnishes him with pension, meaning, proofs of existence. A man without a company name is a man without a country.”
—Lewis H. Lapham (b. 1935)