Mitsubishi Electric Completes Full Acquisition of Nozomi Networks
Mitsubishi Electric Corporation (TOKYO: 6503) announced today the completion of its acquisition of all outstanding shares of Nozomi Networks Inc., following the announcement on September 9, 2025 regar...
TOKYO: Mitsubishi Electric Corporation (TOKYO: 6503) announced today the completion of its acquisition of all outstanding shares of Nozomi Networks Inc., following the announcement on September 9, 2025 regarding its plan to make Nozomi a wholly-owned subsidiary.
Overview of the Subsidiary Being Transferred
Name | Nozomi Networks Inc. | ||
Location | Suite 3650, 575 Market St, San Francisco CA 94105 | ||
President & CEO | Edgard Capdevielle | ||
Description of | Development and sales of OT security solutions | ||
Year of establishment | September 16, 2016 | ||
Employees | 336 (as of December 2025) | ||
Nozomi Networks’ consolidated operating results and financial positions in the past three years (unit: thousand USD) | |||
As of / for the year ended | December 31, 2023 | December 31, 2024 | December 31, 2025 |
Net revenue | 62,560 | 74,695 | 101,709 |
Closing Date
January 28, 2026
Future Outlook
Mitsubishi Electric will promptly inform if there is a need to revise its consolidated performance forecasts or if there are any matters that should be disclosed as a result of this transaction.
For the full text, please visit: www.MitsubishiElectric.com/news/
Fonte: Business Wire
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