Nozomi Networks, a provider of OT, IoT, and cyber-physical system security solutions, has entered a new chapter following its acquisition by Mitsubishi Electric Corporation. First announced last September, this seminal transaction sets the stage for further growth while ensuring Nozomi Networks retains its independent operations and vendor-neutral technology roadmap.
Operating as a wholly owned subsidiary, Nozomi Networks will continue providing open, multi-vendor solutions across the OT/ICS ecosystem. This commitment has rendered it a partner for infrastructure operators globally. The acquisition marks an important year for Nozomi, having exceeded $100 million in annual revenue and serving global enterprises.
Over the past year, Nozomi has expanded its presence in OT cybersecurity through partnerships with companies such as Schneider Electric, Nvidia, and Hitachi Cyber.
In 2025, Nozomi was recognised on North America’s fastest-growing companies list and named to Fast Company’s 'Most Innovative' list. The company has also been distinguished in the Gartner Magic Quadrant for CPS Protection Platforms and the Forrester Wave for IoT Security.
Mitsubishi's acquisition reflects confidence in Nozomi's experience and vendor-agnostic strategy. As noted by CEO Edgard Capdevielle, the company will continue developing its platform while exploring opportunities as part of Mitsubishi Electric.
Nozomi's platform provides asset visibility and cybersecurity management for OT/IoT environments. With embedded AI, its solutions aim to support threat detection and response. Recent updates include Arc, a threat response solution, and Vantage IQ, an AI assistant.
Co-founder and CPO Andrea Carcano states that the acquisition marks a new phase for the company, with further developments expected in 2026. Nozomi will continue serving its global customers while maintaining its brand identity and operational structure.
In the coming years, Nozomi Networks will continue providing OT/IoT cybersecurity solutions, supported by its platform, partnerships, and staff.
