Nozomi Networks Enters Next Phase of Growth as Mitsubishi Electric Completes Acquisition

Core Insights - Nozomi Networks has been acquired by Mitsubishi Electric, marking a new growth phase while maintaining independent operations and a vendor-neutral technology roadmap [1][4] - The company has surpassed $100 million in annual revenue and serves major enterprises across various sectors, including oil and gas, pharmaceuticals, utilities, and mining [2] - Nozomi Networks is recognized for its innovative platform and vendor-agnostic approach, achieving sustained cash flow and breakeven performance [2][3] Company Performance - In 2025, Nozomi Networks achieved significant milestones, including the release of advanced cybersecurity solutions like Arc and Vantage IQ, which enhance threat response and support OT/IoT security teams [3] - The company experienced a 24% growth in employee headcount and was recognized as one of the fastest-growing companies in North America by Deloitte [5] - Nozomi Networks has been named a leader in multiple industry reports, including the Gartner Magic Quadrant for CPS Protection Platforms and the Forrester Wave for IoT Security [5] Strategic Partnerships - The acquisition by Mitsubishi Electric is expected to enhance Nozomi Networks' ability to serve global customers and address the evolving challenges in OT/IoT cybersecurity [4] - The company has established significant partnerships with global technology leaders such as Schneider Electric, Hitachi Cyber, Nvidia, Dispel, and Xona [5] Future Outlook - Nozomi Networks is positioned to continue its leadership in OT/IoT cybersecurity, with plans for new innovations in 2026 [4] - The company remains committed to its existing customer base and partnerships, ensuring continuity in operations and service delivery [4]