Deals Counterparts

Mitsubishi Electric acquires Nozomi Networks

Acquisition Grid announced USA Jan 29, 2026
USD100M
Deal Value

Mitsubishi Electric acquired Nozomi Networks, an OT and IoT security company, to expand its cybersecurity footprint in critical infrastructure. Nozomi Networks will operate independently as a wholly owned subsidiary.

Deal Analysis

Mitsubishi Electric's acquisition of Nozomi Networks represents a strategic move to bolster its cybersecurity capabilities within the critical infrastructure sector. By integrating Nozomi Networks, a specialist in OT and IoT security, Mitsubishi Electric aims to enhance its offerings for securing essential infrastructure systems. Nozomi Networks will operate as a wholly-owned subsidiary, suggesting a desire to leverage its existing expertise and market position while integrating it into Mitsubishi Electric's broader portfolio. The acquisition is notable due to Mitsubishi Electric's global presence and its commitment to expanding its cybersecurity footprint. The deal underscores the increasing importance of cybersecurity in grid infrastructure, particularly as systems become more interconnected and vulnerable to cyber threats. While the deal value is not specified, the acquisition of a specialized firm like Nozomi Networks by a major player like Mitsubishi Electric signals a significant investment in this growing market segment.
  • Mitsubishi Electric acquires Nozomi Networks to expand cybersecurity capabilities.
  • Nozomi Networks will operate independently as a wholly-owned subsidiary.
  • The deal reflects the increasing importance of OT and IoT security in critical infrastructure.
  • Mitsubishi Electric is a global manufacturer involved in various infrastructure projects.
Market Context: The grid sector is increasingly reliant on digital technologies, making it vulnerable to cyberattacks. This acquisition reflects the growing demand for specialized cybersecurity solutions to protect critical infrastructure assets.

Source Intelligence

KEY DETAILS

Nozomi Networks will operate independently as a wholly owned subsidiary. Quote: "Operating independently as a wholly owned subsidiary, the company, which has surpassed $100 million in revenue, will continue to deliver vendor-agnostic OT, IoT, and cyber-physical systems security solutions to its global customer and partner base."

Location
The company was also ranked among the fastest-growing firms in North America on the 2025 Deloitte Technology Fast 500
Announcement
Originally announced on September 9, the transaction marks the start of a new phase of growth for Nozomi Networks while preserving the company’s independent operations, vendor‑neutral technology roadmap, and established go‑to‑market partnerships.
PARTIES MENTIONED IN SOURCE
M
Mitsubishi Electric buyer

"Mitsubishi Electric Corporation confirmed the completion of the transaction on Tuesday, marking a significant milestone for Nozomi Networks as it scales its industrial cybersecurity footprint."

N
Nozomi Networks seller

"Nozomi Networks enters its next phase of growth following the completion of its acquisition by Mitsubishi Electric."

high quality Enriched Feb 19, 2026

Timeline

Announced
Jan 29, 2026
Signed
Closed

Market Context

This deal is part of the Grid sector in USA.
15
Grid deals
206
deals in USA
1 of 15 Grid deals tracked this month · Updated daily

Stay informed

Weekly infrastructure deal intelligence — PPAs, acquisitions, data centers, and more.

Subscribe to Newsletter