Mitsubishi Electric to Acquire Nozomi Networks to Improve Industrial Cyber Defenses and Power Operational Transformation
Mitsubishi Electric (OTC:MIELY) has announced a definitive agreement to acquire Nozomi Networks, a leading provider of OT, IoT, and CPS security solutions. This strategic acquisition follows Mitsubishi's participation in Nozomi's $100M Series E funding round in March 2024.
Post-acquisition, Nozomi Networks will operate as an independent subsidiary, maintaining its brand, leadership, teams, and operations. The deal combines Mitsubishi's century-long industrial expertise with Nozomi's AI-powered cybersecurity capabilities to enhance critical infrastructure protection and operational efficiency.
The transaction is expected to close in Q4 2025, with Nozomi maintaining its headquarters in San Francisco and R&D operations in Mendrisio, Switzerland.
Mitsubishi Electric (OTC:MIELY) ha annunciato un accordo definitivo per acquisire Nozomi Networks, fornitore di primo piano di soluzioni di sicurezza per OT, IoT e CPS. Questa acquisizione strategica segue la partecipazione di Mitsubishi al round di finanziamento Serie E da 100 milioni di dollari di Nozomi, avvenuta a marzo 2024.
Dopo l鈥檃cquisizione, Nozomi Networks operer脿 come sussidiaria indipendente, mantenendo il proprio marchio, la dirigenza, i team e le operazioni. L鈥檕perazione unisce il secolare know鈥慼ow industriale di Mitsubishi alle capacit脿 di cybersecurity potenziate dall鈥橝I di Nozomi, con l鈥檕biettivo di rafforzare la protezione delle infrastrutture critiche e migliorare l鈥檈fficienza operativa.
La transazione dovrebbe concludersi nel Q4 2025, con Nozomi che manterr脿 la sede a San Francisco e le attivit脿 di R&S a Mendrisio, in Svizzera.
Mitsubishi Electric (OTC:MIELY) ha anunciado un acuerdo definitivo para adquirir a Nozomi Networks, un proveedor l铆der de soluciones de seguridad para OT, IoT y CPS. Esta adquisici贸n estrat茅gica sigue a la participaci贸n de Mitsubishi en la ronda de financiaci贸n Serie E de 100 millones de d贸lares de Nozomi en marzo de 2024.
Tras la adquisici贸n, Nozomi Networks operar谩 como una filial independiente, conservando su marca, su equipo directivo, sus equipos y sus operaciones. La operaci贸n combina la experiencia industrial centenaria de Mitsubishi con las capacidades de ciberseguridad impulsadas por IA de Nozomi para mejorar la protecci贸n de infraestructuras cr铆ticas y la eficiencia operativa.
Se espera que la transacci贸n se cierre en el Q4 de 2025, y Nozomi mantendr谩 su sede en San Francisco y sus actividades de I+D en Mendrisio, Suiza.
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Mitsubishi Electric (OTC:MIELY) a annonc茅 un accord d茅finitif visant 脿 acqu茅rir Nozomi Networks, un acteur de premier plan des solutions de s茅curit茅 pour OT, IoT et CPS. Cette acquisition strat茅gique fait suite 脿 la participation de Mitsubishi au tour de financement S茅rie E de 100 M$ de Nozomi en mars 2024.
Apr猫s l鈥檃cquisition, Nozomi Networks fonctionnera comme une filiale ind茅pendante, conservant sa marque, sa direction, ses 茅quipes et ses op茅rations. L鈥檕p茅ration associe le savoir鈥慺aire industriel centenaire de Mitsubishi aux capacit茅s de cybers茅curit茅 aliment茅es par l鈥橧A de Nozomi, afin de renforcer la protection des infrastructures critiques et l鈥檈fficacit茅 op茅rationnelle.
La transaction devrait 锚tre finalis茅e au 4e trimestre 2025 (Q4 2025), Nozomi conservant son si猫ge 脿 San Francisco et ses activit茅s R&D 脿 Mendrisio, en Suisse.
Mitsubishi Electric (OTC:MIELY) hat eine endg眉ltige Vereinbarung zur 脺bernahme von Nozomi Networks angek眉ndigt, einem f眉hrenden Anbieter von Sicherheitsl枚sungen f眉r OT, IoT und CPS. Diese strategische 脺bernahme folgt auf Mitsubishis Teilnahme an Nozomis 100鈥惭颈濒濒颈辞苍别苍鈥慏辞濒濒补谤鈥慡别谤颈别鈥慐鈥慒颈苍补苍锄颈别谤耻苍驳蝉谤耻苍诲别 im M盲rz 2024.
Nach der 脺bernahme wird Nozomi Networks als eigenst盲ndige Tochtergesellschaft t盲tig sein und Marke, F眉hrung, Teams sowie operative Strukturen beibehalten. Der Deal verbindet die jahrzehntelange industrielle Expertise von Mitsubishi mit Nozomis KI-gest眉tzten Cybersecurity鈥慒盲higkeiten, um den Schutz kritischer Infrastrukturen und die operative Effizienz zu verbessern.
Der Abschluss der Transaktion wird f眉r Q4 2025 erwartet; Nozomi beh盲lt seinen Hauptsitz in San Francisco und seine F&E鈥慉ktivit盲ten in Mendrisio, Schweiz.
- Strategic expansion into high-growth cybersecurity market through acquisition of established AI-powered security provider
- Nozomi Networks has demonstrated strong financial performance and growth
- Maintains operational independence while leveraging Mitsubishi's global resources and expertise
- Previous successful collaboration through Series E funding indicates strong strategic alignment
- Complementary technological capabilities in OT/IoT security and industrial operations
- Integration risks between Japanese industrial conglomerate and Silicon Valley tech company cultures
- Potential challenges in maintaining Nozomi's innovation pace within larger corporate structure
- Acquisition price not disclosed, creating uncertainty about deal valuation
- Nozomi Networks, a global leader in OT, IoT and CPS security, defends organizations around the world from cyber threats and operational disruption
- The acquisition accelerates Nozomi's industrial cybersecurity innovation while maintaining its heterogeneous approach to supporting customers and partners
- Both companies share a vision for the power of data and AI to fuel more effective cyber defenses and improve operational efficiency and resilience
Mitsubishi Electric participated in Nozomi's
The acquisition of Nozomi Networks brings Mitsubishi Electric a strong and growing AI-powered, cloud-first cybersecurity software business with an award-winning track record of scalable innovation. Nozomi's world-class leadership and engineering teams, as well as its history of financial success, will strengthen Mitsubishi Electric's ability to deliver cutting-edge solutions to customers worldwide.
With more than 100 years of global industrial operational technology (OT and IoT) experience, Mitsubishi Electric will support Nozomi's continued cybersecurity innovation and strong track record of business growth, as well as enable both companies to accelerate digital transformation for critical infrastructure and industrial organizations worldwide.
The companies share a strong vision around the power of data and context from OT/IoT environments, paired with robust artificial intelligence to deliver more effective cyber defenses and material operational improvements for customers. Both companies also share a deep commitment to customer success, a partner-first business model, and fostering a strong corporate culture that values and supports employees.
Nozomi Networks is committed to serving all its customers and partners by maintaining its brand, leadership, teams, and operations. There will be no disruptions to current operations, roadmaps, or partnerships. Nozomi's teams, offices, and points of contact remain unchanged, ensuring a seamless experience for all its stakeholders.
Quote from Satoshi Takeda, Mitsubishi Electric Senior Vice President, CDO, Chief Information Officer, Board Member at Mitsubishi Electric Corporation
"We are excited to welcome Nozomi to the Mitsubishi Electric family. Their cutting-edge OT security technology and rapid development philosophy have earned them a strong reputation. By combining Nozomi's strengths with Mitsubishi Electric's extensive expertise and capabilities in OT, I believe we can achieve even more. This acquisition will enable us to co-create valuable new services while supporting Nozomi's commitment to innovation and customer flexibility. Together, we can help our customers achieve their digital transformation goals while enhancing security, efficiency, and resilience."
Quote from Edgard Capdevielle, President and CEO of Nozomi Networks
"This marks an exciting new chapter for Nozomi Networks. By becoming part of Mitsubishi Electric, we will combine our strengths to drive the next generation of industrial security and innovation to bring additional value for customers around the world. Nothing will change in our day-to-day engagement with Nozomi customers and partners 鈥� they will continue to receive the same support and service, and the same cutting-edge OT and IoT cybersecurity platform they have come to trust. With the combined global reach and resources of both companies, we can supercharge our innovation engine, helping industrial organizations secure and accelerate their own digital transformations."
Quote from Andrea Carcano, Co-Founder and Chief Product Officer of Nozomi Networks
"By combining Mitsubishi Electric's century of global industrial expertise with Nozomi Networks' innovations in data science, AI/ML and industrial cybersecurity, we have a unique opportunity to create a new generation of AI-powered solutions that will strengthen cyber and operations through power new innovations for customers across all OT/IoT use cases and industries around the world. Together, we'll make the world's critical infrastructure safer, more resilient, and more efficient."
The acquisition is expected to close in the fourth calendar quarter of 2025. Upon close, Nozomi will maintain headquarters in
EY Strategy and Consulting Co., Ltd. is serving as financial advisor and White & Case LLP is serving as legal advisor to Mitsubishi Electric. Barclays is serving as exclusive financial advisor and Gunderson Dettmer is serving as legal advisor to Nozomi Networks.
About Nozomi Networks
Nozomi Networks protects the world's critical infrastructure from cyber threats. Our platform uniquely combines network and endpoint visibility, threat detection, and AI-powered analysis for faster, more effective incident response. Customers rely on us to minimize risk and complexity while maximizing operational resilience.
About Mitsubishi Electric Corporation
With more than 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (
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