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 companys 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 worlds 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:
