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Nokia Agrees to Sell Enterprise Campus Edge Business to Aurelius
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CNBC TV18•13-10-2026, 12:02
Nokia Agrees to Sell Enterprise Campus Edge Business to Aurelius
- •Nokia has announced an agreement to sell its Enterprise Campus Edge business to the private equity group Aurelius.
- •The transaction is anticipated to close in the first half of 2027, with financial terms remaining undisclosed.
- •Nokia stated the move aligns with its strategy to focus capital and resources on areas yielding the greatest long-term value.
- •The ECE business currently provides private wireless services to nearly 900 customers across various global industries such as manufacturing and mining.
Key Questions Answered
Nokia has agreed to sell its Enterprise Campus Edge (ECE) business to the private equity group Aurelius.
The deal between Nokia and Aurelius is expected to close in the first half of 2027.
ECE operates private wireless services for nearly 900 customers across industries like manufacturing, mining, logistics, airports, ports, and power generation worldwide.
