Nokia Corporation said Tuesday it has entered into a definitive agreement to transfer ownership of its Enterprise Campus Edge business to AURELIUS. The company indicated the transaction is anticipated to close in the first half of 2027, subject to customary closing conditions.
Following the disclosure, Nokia shares fell roughly 4% on the news.
The Enterprise Campus Edge unit supports nearly 900 customers across a range of heavy-industrial and logistics sectors including manufacturing, mining, logistics, airports, ports and power generation globally. Its offerings span industrial devices, on-premises operational technology (OT) edge and micro-edge solutions, and software that enables industrial AI-powered use cases.
The business focuses on private wireless solutions and digitalization platforms designed to connect on-site assets and process OT data locally. Nokia described those capabilities as tools that help organizations improve operational performance, raise levels of automation, and enhance sustainability and worker safety.
"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," said Konstanty Owczarek, Chief Corporate Development Officer at Nokia.
Nokia said it expects the Enterprise Campus Edge business to benefit from increased independence and a concentrated strategic focus after becoming a standalone entity under AURELIUS’ ownership. The company emphasized that its priority through the transition will be supporting continued growth for the business, and ensuring continuity for existing customers and employees.
From a product perspective, the divested unit centers on technologies that keep data processing and connectivity at the facility level rather than relying exclusively on remote cloud processing. That positioning is intended for use cases that need low-latency connectivity, local AI inference or secure handling of operational data on premises.
The announcement provides a clear corporate rationale within Nokia’s stated portfolio strategy while placing the Enterprise Campus Edge business under a private owner focused on operating the unit as a standalone entity. The timetable for closing remains conditional and dependent on customary requirements being met before the first half of 2027.
Sectors affected:
- Industrial and manufacturing operations
- Logistics and transportation hubs
- Power generation and infrastructure services