Nozomi Networks Enters Next Phase of Growth as Mitsubishi Electric Completes Acquisition
Nozomi Networks, the
leader in OT, IoT and cyber‑physical
system security, announced that Mitsubishi Electric Corporation has completed
its acquisition of the company. Originally announced on September 9, the
transaction marks the start of a new phase of growth for Nozomi Networks while
preserving the company's independent operations, vendor‑neutral technology roadmap, and established go‑to‑market
partnerships. As a wholly owned subsidiary, Nozomi Networks 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.
This milestone
follows a year of exceptional momentum for Nozomi Networks. The company
recently surpassed $100M in annual revenue and now serves many of the world's
largest enterprises, including 5 of the top 10 oil and gas companies, 7 of the
top 10 pharmaceutical manufacturers, 7 of the top 10 utilities and 4 of the top
10 mining operations. Nozomi Networks is also the first privately held OT Cybersecurity
Company to achieve sustained cash flow and break‑even performance - further underscoring the strength of its model, the
durability of its platform, and the confidence organisations place in its
independent, vendor‑agnostic approach.
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