Nokia to Carve Out and Sell Enterprise Campus Edge Unit to Private Equity Firm AURELIUS in H1 2027
ESPOO — Finnish telecommunications infrastructure giant Nokia has signed a definitive corporate agreement regarding the planned divestment and carve out of its Enterprise Campus Edge (ECE) business to global private equity investor AURELIUS, with the transaction expected to finalize in the first half of 2027 subject to customary regulatory approvals and employee consultation procedures.
Under the terms of the transaction, the ECE unit will transition into an autonomous standalone enterprise under the stewardship of AURELIUS Opportunities Fund V. Operating across major facilities in Finland, Hungary, India, and the United States, ECE employs approximately 1,000 personnel worldwide and generates over €170 million ($185 million) in annual revenue, holding an established enterprise customer base that encompasses nearly 900 global accounts across industrial manufacturing, deep pit mining, multimodal logistics hubs, commercial airports, maritime ports, and power generation utilities.
The enterprise portfolio spans private wireless networks across LTE and standalone 5G, ruggedized industrial Internet of Things devices, on premises operational technology (OT) edge and micro edge server nodes, and specialized software applications built for industrial artificial intelligence and computer vision workflows. By processing mission critical operational data locally on client premises, the platform delivers heightened data sovereignty, zero trust cybersecurity, and low latency automation.
Konstanty Owczarek, Chief Corporate Development Officer at Nokia, affirmed that the divestiture supports the group’s overarching mandate to reallocate capital and operational resources toward core telecommunications infrastructure and optical networking where the vendor can maximize differentiated long term value. Owczarek emphasized that maintaining continuity for existing enterprise clients and transitioning staff remains the paramount operational focus throughout the handover.
Fabian Steger, Managing Director at AURELIUS Funds IV and V, stated that establishing ECE as an independent commercial platform unlocks higher agility to accelerate industrial automation and artificial intelligence deployments across Fortune 500 enterprises. Under the agreement, ECE personnel are slated to transfer with the operational entity at completion in compliance with regional statutory frameworks.
