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Mitsubishi Electric Acquires Nozomi Networks for $883 Million

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Mitsubishi Electric is acquiring Nozomi Networks, an OT and IoT cybersecurity firm, for $883 million. The acquisition will close in Q4 2025, with Nozomi continuing to operate independently. Nozomi Networks offers solutions for asset discovery, monitoring, and vulnerability management in OT and IoT environments. The acquisition aims to leverage Nozomi's AI and ML capabilities to enhance Mitsubishi Electric's industrial cybersecurity offerings. Nozomi Networks had approximately $75 million in revenue in 2024, reflecting significant growth from the previous year. The company will maintain its headquarters in San Francisco and its R&D unit in Switzerland, with no disruptions to operations or partnerships expected.

Timeline

  1. 09.09.2025 13:23 1 articles · 23d ago

    Mitsubishi Electric to Acquire Nozomi Networks for $883 Million

    Mitsubishi Electric has signed a definitive agreement to acquire Nozomi Networks for $883 million. The acquisition will close in Q4 2025, with Nozomi Networks becoming a wholly-owned subsidiary while continuing to operate independently. Nozomi Networks provides OT and IoT cybersecurity solutions, including asset discovery, monitoring, and vulnerability management. The deal aims to leverage Nozomi's AI and ML capabilities to enhance Mitsubishi Electric's industrial cybersecurity offerings.

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