Nokia sells Enterprise Campus Edge business to Aurelius - Reuters

Nokia is preparing to part with an industrial networking business serving nearly 900 customers just as sales to its AI and cloud clients are surging. The company disclosed a buyer but not a purchase price, leaving the value of its industrial wireless exit undisclosed even as it redirects investment toward data-center connectivity. The Finnish equipment maker signed a definitive agreement for private-equity group Aurelius to acquire Enterprise Campus Edge, which provides private wireless networks, industrial devices, and on-site computing and software used for AI-powered automation. Nokia expects closing in the first half of 2027, subject to regulatory approvals and other conditions.

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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.

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The Supreme Court of Newfoundland and Labrador has certified a class action on behalf of passengers on board Air Canada Flight AC 2259 which landed hard at Halifax in December of 2025 after the plane’s landing gear collapsed. The flight had taken off from St. John’s International earlier that evening, and officials at YYT later confirmed that debris was found on one of its runways after the flight took off. They wouldn’t say at the time whether the discovery was related to the incident at Halifax. The class action names Air Canada, Provincial Aerospace Ltd, St. John’s International Airport Authority and the Halifax International Airport Authority, all of whom have consented to certification. Stephen Barnes of Bob Buckingham Law says they want to understand what went wrong that night and make sure that passengers have an opportunity to be fairly compensated for what they went through. The case will examine whether the defendants met their responsibilities for aircraft safety, runway safety and emergency response, and whether any failures caused injury or loss to passengers.