Kenan Sahin
| Kenan E. Sahin | |
|---|---|
| Born |
Kenan Eyup Sahin 1941 Turkey |
| Residence | Massachusetts |
| Citizenship | United States |
| Alma mater | MIT Sloan School of Management |
| Occupation | Businessman |
Kenan Eyup Sahin (generally known simply as Dr. Kenan Sahin; born 1941) is a Turkish born American Scientist and Entrepreneur. He is the Founder/ President and the Chief Technology Officer of TIAX LLC in Lexington, Massachusetts. He is also the Founder/CEO of CAMX Power which formerly was a division of TIAX LLC and in May 2014 became a separate company.
He was born in Aydin, Turkey in 1941. He completed elementary school in Aydin, graduated from Robert Academy (middle school) in Istanbul Turkey. He started high school at Robert Lycee but completed it at Inglewood High School in California. He then started his college work at Robert College (now the Bosphorus University) and then transferred to MIT in 1961 as a junior to finish his BS (1963) as well as his PhD (1968) at MIT.
The early years of Dr. Sahin's entrepreneurial career overlapped with the final years of his academic career which began at the Massachusetts Institute of Technology and continued at MIT with interleaved periods at Robert College of Istanbul (now the Bosphorus University) Harvard University, and the University of Massachusetts Amherst. He has global patents and numerous academic publications.
In 1982, Dr. Sahin founded Kenan Systems with a $1,000 personal investment, as part of his outreach activities while at MIT. The company grew to become a world leader in telecommunications software, creating nearly 1,000 professional jobs. Dr. Sahin was named the Ernst & Young New England Entrepreneur of the Year in 1998.
In 1999, Dr. Sahin sold Kenan Systems to Lucent Technologies/Bell Laboratories for $1.5 billion in a stock swap when the Lucent stock was trading at $50 a share. Subsequent to the sale, accepting a two year offer from Lucent/Bell Labs, he became Vice President of Software Technology at Bell Labs, a member of the managing group of Bell Labs and then the President of Lucent’s Software Products Group, managing 4,500 people. The same year he made a major unrestricted gift to MIT, the largest ever until then, which MIT allocated to its School of Humanities and Social Science, also endowing the Dean of the same school.
Dr. Sahin left Lucent/Bell Labs in early 2001 to return to Boston and later to start TIAX LLC. He significantly expanded TIAX in early 2002 by acquiring assets and hiring staff from the Technology and Innovation unit of Arthur D. Little, Inc. which had come to an end.
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