Nokia Sells Enterprise Campus Edge Business to Aurelius
21 Articles
21 Articles
Nokia divests Enterprise Campus Edge unit to AURELIUS
Nokia (NOK) announced that it has signed a definitive agreement to sell its Enterprise Campus Edge ((ECE)) business to asset management firm AURELIUS. The transaction is expected to close in the first half of 2027.
Nokia (NYSE: NOK) Sells Enterprise Campus Edge Unit To Private Equity Firm AURELIUS
Nokia Oyj (NYSE: NOK), the Finnish telecommunications and network technology company, has signed a definitive agreement to sell its Enterprise Campus Edge business to European investment firm AURELIUS. The deal marks a significant strategic move for Nokia as it looks to sharpen its focus on core areas of its broader technology portfolio. Nokia said the […]
The Manila Times
AiThorityNokia to sell Enterprise Campus Edge business to AURELIUS
Press release
Nokia will sell its private networking business and Industrial Edge to Aurelius in an operation involving 900 customers and close to 1,000 employees.
According to Nokia, operation involves edge computing platform for private networks used in almost 900 customers around the world. The conclusion of the transaction is planned for the first half of 2027, depending on regulatory approvals and other conditions. Business value has not been disclosed #teletime #teletimenews
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