Nokia Sells Enterprise Campus Edge Unit to AURELIUS
Nokia has signed a definitive agreement to sell its Enterprise Campus Edge (ECE) business unit to asset management firm AURELIUS. The deal is expected to close in the first half of 2027 and marks another step in Nokia's strategy to streamline operations by divesting non-core assets. The ECE division focuses on enterprise campus networking solutions, including wired and wireless infrastructure for businesses. By offloading this unit, Nokia aims to concentrate more resources on its core telecommunications equipment business and emerging technologies like 5G and cloud services. This move is part of a broader trend among telecom companies to restructure their portfolios in response to evolving market demands and competitive pressures.
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