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
Related news
Last News
RSA at Cybertech Europe 2024
Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…
Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity
G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes
How Austria is making its AI ecosystem grow
Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries
Sparkle and Telsy test Quantum Key Distribution in practice
Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…
Most read
Bretton AI Raises $75M Series B, Rebrands from Greenlite AI to Build the…
Bretton AI, formerly Greenlite AI, today announced a $75 million Series B funding round and the company’s rebrand to Bretton AI, marking an expansion…
MassPay Closes Breakthrough 2025 with 286% Growth, Major Partnership Milestones
MassPay, a leading global payout orchestration platform, today announced it closed 2025 with explosive growth, delivering 286% growth in December volume…
Zoya Technologies Unveils ZoyeMed 3.0, an Edge-Native Autonomous AI Clinic,…
Zoya Technologies today unveiled ZoyeMed 3.0, an edge-native clinical terminal designed to deliver autonomous primary and acute care with humans in the…
AST SpaceMobile Announces Proposed Repurchases of up to $300.0 Million…
AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly…
G11 Media Networks
InnovationOpenLab is a channel of BitCity, a newspaper registered at the court of Como ,
n. 21/2007 del
11/10/2007- Registration ROC n. 15698
G11 MEDIA S.R.L.
Registered office Via NUOVA VALASSINA, 4 22046 MERONE (CO) - P.IVA/C.F.03062910132
Como business register n. 03062910132 - REA n. 293834 CAPITALE SOCIALE Euro 30.000 i.v.
