EnterpriseLight Readingabout 2 hours ago
Nokia Sells ECE Unit to Aurelius
5 min read
Nokia sold its enterprise campus edge unit to private equity firm Aurelius this week. The deal follows the April sale of its FWA CPE unit to Inseego. Combined first-half revenues for the discontinued portfolio fell to €131 million ($147 million) while net losses rose 70% to €39 million ($44 million).
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