Mitsubishi Electric Completes $100M+ Nozomi Networks Acquisition
Event summary
- Mitsubishi Electric completed its acquisition of Nozomi Networks on January 29, 2026, with Nozomi operating as an independent subsidiary.
- Nozomi Networks surpassed $100M in annual revenue and serves top enterprises in oil & gas, pharmaceuticals, utilities, and mining.
- The company achieved 24% employee headcount growth in 2025 and was named to Fast Company's Most Innovative Companies list.
- Nozomi released Arc and Vantage IQ, AI-powered solutions for OT/IoT security, in 2025.
The big picture
The acquisition positions Nozomi Networks to scale its vendor-agnostic OT/IoT security platform globally, amid rising cyber threats to critical infrastructure. Mitsubishi Electric's backing could accelerate Nozomi's innovation, particularly in AI-driven solutions, as the market shifts toward risk-based cybersecurity management. Nozomi's $100M+ revenue and sustained cash flow underscore its strong market position.
What we're watching
- Integration Strategy
- How Mitsubishi Electric will balance Nozomi's independence with potential synergies in OT/IoT security.
- Market Expansion
- Whether Nozomi can sustain its rapid growth while serving an early majority market.
- Innovation Pace
- The pace at which Nozomi will deliver new AI-driven solutions in 2026.
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