Nokia agrees to sell enterprise campus edge unit to Aurelius

On Oct. 13, 2026, Nokia signed a definitive agreement to sell its Enterprise Campus Edge business to AURELIUS, a private equity and asset management firm. Shares of Nokia fell 4% after the announcement. Financial terms were not disclosed. The deal is expected to close in the first half of 2027, subject to customary conditions. ECE serves nearly 900 customers worldwide in manufacturing, mining, logistics, transportation, airports, ports and power generation. Its portfolio includes private wireless and 5G, industrial devices, on-premises OT edge and micro-edge solutions, and AI-enabled software applications. Konstanty Owczarek, Chief Corporate Development Officer at Nokia, said the planned transaction supports Nokia's strategy to sharpen its portfolio and direct capital and resources to the areas where it can create the greatest long-term value. Nokia said the business will gain greater independence and a dedicated strategic focus under AURELIUS, with employees expected to transfer and continuity for customers a priority. What's contested: none identified. Closing remains subject to customary conditions.