Nokia Hands Its Private Wireless Unit to AURELIUS
Nokia is selling its Enterprise Campus Edge division, which serves about 900 industrial customers, to private-equity firm AURELIUS as it streamlines its portfolio.
Strategy
Li Auto Sets Sail for Europe, Starting With Norway and the Dutch
Chinese EV maker Li Auto unveiled a European Li 6 at the Paris Motor Show, with first deliveries planned in the Netherlands and Norway in the first quarter of 2027.
Penske Automotive Pulls Into the Private Garage at $16.3 Billion
Penske Corp. and Mitsui & Co. will take dealership group Penske Automotive private, buying out minority shareholders at $212 a share in a deal valuing it at $16.3 billion.
Proofpoint Spends $6.3 Billion to Guard the Data AI Feeds On
Thoma Bravo-backed Proofpoint has agreed to buy data security company Varonis for about $6.3 billion in cash, betting that protecting data is the key to protecting AI.
C.H. Robinson Loads Up on RXO in a $5.8 Billion Freight Deal
Logistics giant C.H. Robinson has agreed to buy RXO in a stock-and-cash deal worth about $5.8 billion, creating a North American freight player valued at over $25 billion.
Cognex Pays $500 Million to Help Robots See in 3D
Machine vision company Cognex is buying RealSense for about $500 million in cash, stepping beyond factory inspection into the fast-growing market for robotic perception.