Marlin Equity Backs Elenion Technologies

Los Angeles-based private equity investor Marlin Equity Partners unveiled a new company, Elenion Technologies, focused on silicon photonics. According to Marlin Equity Partners, Elenion has been in existence since 2014, and has been operating in stealth mode. Marlin Equity said that it has named Larry Schwerin, former CEO of Silicon Lightwave Services and Capella Intelligent Subsystems, as CEO of the company. Marlin explained that Elenion actually had been incubated alongside another of its companies in the optical area, Coriant, since 2014.