Mitsubishi Electric Completes Full Acquisition of Nozomi Networks

TOKYO--(BUSINESS WIRE)--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 business	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.

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