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Mitsubishi Electric Acquires Nozomi Networks for $883M in Industrial Cybersecurity Boost

Mitsubishi Electric's acquisition of Nozomi Networks highlights the growing threat to industrial cybersecurity. The deal, valued at $883 million, will see Nozomi Networks maintain its independence while benefiting from Mitsubishi Electric's resources.

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Mitsubishi Electric Acquires Nozomi Networks for $883M in Industrial Cybersecurity Boost

Mitsubishi Electric Corporation, a Japanese multinational, is acquiring Nozomi Networks, a specialist in operational technology (OT) security for industrial sectors. The deal, valued at $883 million in cash and equity, is expected to close in the fourth quarter of 2025.

Nozomi Networks, based in San Francisco, focuses on protecting critical infrastructure from cyber threats. Its founder remains unidentified, though Anton Shipulin serves as an Industrial Cybersecurity Evangelist. The company will maintain its headquarters and R&D operations in San Francisco and Switzerland post-acquisition.

The acquisition underscores the growing importance of industrial cybersecurity. U.S. government agencies have warned about Chinese hackers, including the Volt Typhoon group, targeting IT networks used for critical infrastructure. These hackers have maintained access to victim environments for years, posing significant risks.

Mitsubishi Electric, with nearly $37 billion in revenue for the fiscal year ending March 2025, aims to accelerate Nozomi Networks' innovation in industrial cybersecurity. Nozomi Networks will operate independently as a wholly owned subsidiary, keeping its heterogeneous approach to supporting customers and partners.

Mitsubishi Electric's acquisition of Nozomi Networks, valued at $883 million, reflects the increasing threats to industrial cybersecurity. The deal, expected to close later this year, will see Nozomi Networks maintain its independence while benefiting from Mitsubishi Electric's resources. This acquisition is set to strengthen both companies' positions in the critical infrastructure security landscape.

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