Nokia to sell Enterprise Campus Edge business to AURELIUS

Espoo, Finland,

October

2026

07:00 AM

Europe/Amsterdam

Press Release

Summary bullets

• Deal supports Nokia’s strategy to focus capital where the company can differentiate and create long-term value.
• Planned transaction will provide ECE with greater independence and agility, helping it respond more quickly to customer needs and accelerate the digitalization and transformation of industrial operations

ECE is a strong business with differentiated technology, a talented team, a global footprint and an established customer base that includes many Fortune 500 enterprises across various industries. We see significant opportunities for ECE to build on its leading position in private 5G and industrial edge as a standalone business, expand its portfolio into emerging areas such as AI-powered industrial automation, and help customers accelerate the digitalization and automation of their operations.

ECE is a strong business with differentiated technology, a talented team, a global footprint and an established customer base that includes many Fortune 500 enterprises across various industries. We see significant opportunities for ECE to build on its leading position in private 5G and industrial edge as a standalone business, expand its portfolio into emerging areas such as AI-powered industrial automation, and help customers accelerate the digitalization and automation of their operations.

Fabian Steger, Managing Director AURELIUS Fund IV and V

This 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. It also provides ECE with a strong foundation for its next growth phase as a standalone business. Our priority throughout the transition will be continued growth of the business and continuity for existing customers and employees.

This 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. It also provides ECE with a strong foundation for its next growth phase as a standalone business. Our priority throughout the transition will be continued growth of the business and continuity for existing customers and employees.

Konstanty Owczarek, Chief Corporate Development Officer at Nokia

About Nokia

Nokia is a global leader in connectivity infrastructure, enabling the AI supercycle. We build networks that connect intelligence and deliver a comprehensive connectivity solution across fixed, mobile, IP, optical, core, and data center networks. With security by design, AI-driven innovation, and AI-optimized architecture, Nokia delivers trusted infrastructure that enables AI to scale and advances connectivity to secure a brighter world.