Nozomi Networks Enters Next Phase of Growth as Mitsubishi Electric Completes Acquisition
MWN-AI** Summary
Nozomi Networks has entered a new growth phase following its acquisition by Mitsubishi Electric, officially finalized on January 29, 2026. As a wholly owned subsidiary, Nozomi will continue operating independently while maintaining its vendor-agnostic approach to cybersecurity solutions for operational technology (OT) and Internet of Things (IoT). This acquisition underscores Nozomi's strength, with the company recently surpassing $100 million in annual revenue, serving leading enterprises in diverse sectors including oil, gas, pharmaceuticals, utilities, and mining.
The acquisition aims to leverage Nozomi's proven innovation and leadership in cybersecurity. CEO Edgard Capdevielle emphasized that Nozomi's unique vendor-neutral approach is critical to its success, offering comprehensive support to the OT/ICS ecosystem. The company’s platform is noted for its advanced asset visibility and AI capabilities, which have been integral since its inception. Recent enhancements include the launch of Arc, a solution designed to automate threat responses safely in operational settings, and Vantage IQ, a bespoke AI assistant for security teams.
In 2025, Nozomi achieved significant milestones, including expanding strategic partnerships with global technology leaders like Schneider Electric and Nvidia, experiencing a substantial employee growth rate of 24%, and earning recognition as a leader in multiple industry reports. The acquisition is expected to bolster Nozomi's capabilities to address the evolving challenges in the OT/IoT cybersecurity arena.
Looking forward, Co-founder Andrea Carcano expressed optimism about upcoming innovations in 2026. Nozomi Networks remains committed to its foundational vision while seeking to enhance operational resilience and responsiveness for its global customer base, ensuring continued service excellence and stability for its stakeholders.
MWN-AI** Analysis
The recent acquisition of Nozomi Networks by Mitsubishi Electric marks a pivotal moment in the cybersecurity landscape, particularly in the OT and IoT sectors. Nozomi Networks, recently achieving annual revenues exceeding $100 million, has established itself as a leader with a vendor-agnostic platform that caters to critical infrastructure operators worldwide. Its continued operation as an independent subsidiary positions it to leverage Mitsubishi Electric’s resources while maintaining its innovative spirit.
For investors and stakeholders in the cybersecurity and technology sectors, this acquisition signals several strategic opportunities. Nozomi’s robust client base, which includes top companies across oil and gas, pharmaceuticals, utilities, and mining, enhances its market credibility. Its technological advancements, such as the integration of AI for threat response automation, further solidify its competitive edge.
Furthermore, the growth metrics Nozomi has achieved, including a 24% increase in employee headcount, highlight a vibrant operational scale poised for expansion. As the demand for sophisticated cybersecurity solutions grows alongside the complexities of IoT and OT ecosystems, Nozomi is well-positioned to capitalize on this trend.
Investors should monitor how Nozomi's ongoing innovations and partnerships with major players like NVIDIA and Schneider Electric evolve post-acquisition. The company's recognition in top technology lists, including the Gartner Magic Quadrant, indicates its commitment to innovation and excellence—traits that are crucial for sustained growth in a fast-evolving market.
In conclusion, the acquisition by Mitsubishi Electric not only reinforces Nozomi's position in the market but also suggests a promising trajectory for both companies as they address emerging cybersecurity challenges. Stakeholders should consider both immediate impacts and long-term growth potential while maintaining vigilance on evolving trends within the cybersecurity domain.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
Operating independently as a wholly owned subsidiary, Nozomi Networks - which recently surpassed $100M in revenue - will continue delivering vendor?agnostic OT/IoT cybersecurity solutions to its global customer and partner community
SAN FRANCISCO, Jan. 29, 2026 /PRNewswire/ -- Nozomi Networks, the leader in OT, IoT and cyber?physical system security, today announced that Mitsubishi Electric Corporation (TOKYO: 6503) 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 organizations place in its independent, vendor?agnostic approach.
Other notable milestones the company achieved in 2025 include:
- Significant new and expanded partnerships with global technology leaders including Schneider Electric, Hitachi Cyber, Nvidia, Dispel, and Xona
- 24% employee headcount growth
- Among the fastest growing companies in North America on the 2025 Deloitte Technology Fast 500™
- Named to Fast Company's World's Most Innovative Companies 2025 list
- Named a Leader in the Gartner Magic Quadrant for CPS Protection Platforms and is a Leader in the Forrester Wave for IoT Security, as well as the only recognized Customers' Choice in Gartner's Voice of the Customer for CPS Protection platforms
- Recognized by Gartner as "The Company to Beat for AI in CPS Protection Platforms"
"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 success is underpinned by its market-leading platform, the most complete of any offering on the market. Nozomi Networks platform delivers comprehensive asset visibility, defends all attack surfaces, and helps enterprises evolve to a risk-based cybersecurity management posture. Most notably, Nozomi Networks has embedded AI since its inception, consistently pushing the boundaries of how this technology can transform OT/IoT cybersecurity. It made several enhancements to its platform in 2025, including the release of its latest version of Arc, the industry's first cybersecurity solution to safely automate threat response in operational environments, and Vantage IQ, the world's first private, company-trained AI assistant for OT/IoT security teams.
"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."
As an independent subsidiary, Nozomi Networks remains committed to serving all its customers and partners, and maintains its brand, leadership, teams, and operations. Nozomi's teams, offices, and points of contact remain unchanged, ensuring a seamless experience for all its stakeholders. ?
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. www.nozominetworks.com
SOURCE Nozomi Networks
FAQ**
How will the acquisition by Mitsubishi Electric Corp. ADR MIELY impact Nozomi Networks' vendor-agnostic approach to OT/IoT cybersecurity solutions, and what specific innovations are expected in the coming years?
Given Nozomi Networks' recent revenue surpassing $100M, how does Mitsubishi Electric Corp. ADR MIELY plan to leverage this growth to enhance their overall cybersecurity offerings and market presence?
What strategies will Nozomi Networks implement under Mitsubishi Electric Corp. ADR MIELY to maintain its independent operations while expanding its global customer base in the OT/IoT cybersecurity space?
In what ways does Mitsubishi Electric Corp. ADR MIELY expect the acquisition of Nozomi Networks to drive advancements in AI technology within its cybersecurity solutions, particularly regarding platforms like Vantage IQ?
**MWN-AI FAQ is based on asking OpenAI questions about Mitsubishi Electric Corp. ADR (OTC: MIELY).
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