Mitsubishi Electric completes acquisition of Nozomi Networks
Nozomi Networks has announced that its acquisition by Mitsubishi Electric Corporation has completed. Originally announced on 9 September 2025, the transaction preserves the company’s independent operations, vendor‑neutral technology roadmap, and established go‑to‑market partnerships.
The company says that as a wholly owned subsidiary it will continue to support the full OT/ICS ecosystem with the same open, multi‑vendor approach that has made it a trusted partner to critical infrastructure operators worldwide.
The company also says it recently surpassed $100 million in annual revenue and now serves many of the world’s largest enterprises, including five of the top 10 oil and gas companies, seven of the top 10 pharmaceutical manufacturers, seven of the top 10 utilities and four of the top 10 mining operations.
“Mitsubishi Electric acquired Nozomi Networks for the same reasons our customers trust us every day,” said Nozomi Networks CEO Edgard Capdevielle. “We have a proven track record of innovation and industry leadership and a unique vendor-agnostic approach that is a critical ingredient to our success.
“We will continue to advance the highest levels of quality and excellence in our platform and relationships that we always have moving forward as an independent subsidiary of Mitsubishi Electric, and we’re excited about the opportunities this brings.”
“This acquisition brings us into a new era of innovation. It positions us to better serve our customers globally and meet the needs of an early majority market and the challenges of a rapidly evolving OT/IoT cybersecurity landscape,” said Nozomi Networks Co-founder and Chief Product Officer Andrea Carcano. “Nozomi is solidly positioned to extend its stature as the leader in OT/IoT cybersecurity.
“There is much more ahead for us, with game changing new innovations coming in 2026. We look forward to working with our customers and partners to deliver the best possible solution.”
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