Nokia has agreed to sell its Enterprise Campus Edge (ECE) division to private-equity firm AURELIUS.
The division serves approximately 900 customers worldwide, including manufacturers, mining companies, and logistics service providers. The transaction is expected to close in the first half of next year. Neither party is disclosing financial details.
The sale is part of Nokia’s strategy to streamline its portfolio. The company aims to focus on areas where it sees greater opportunities for long-term growth.
ECE provides wireless networks and industrial edge computing solutions to customers across a wide range of industries. Its portfolio also includes industrial devices, local edge infrastructure, and software to support AI-driven industrial applications.
Greater autonomy for ECE
Under the AURELIUS umbrella, ECE will operate independently. Nokia expects this independence to enable the company to respond more quickly to customer needs and better capitalize on opportunities in industrial digitalization.
AURELIUS plans to build on ECE’s position in private 5G networks and industrial edge computing. At the same time, it plans to expand into AI-driven industrial automation.
Fabian Steger, Managing Director at AURELIUS, states that ECE has an established global customer base, including several Fortune 500 companies. He sees opportunities to expand the technology portfolio and to accelerate industrial automation.
Konstanty Owczarek, Chief Corporate Development Officer at Nokia, said the transaction would let Nokia deploy capital more selectively while giving ECE a foundation for its next growth phase.
After the transaction closes, ECE employees are expected to transfer to the new owner. Both companies indicate that they will prioritize continuity for customers and employees during the transition.
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