-

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.

For the full text, please visit: www.MitsubishiElectric.com/news/

Contacts

Customer Inquiries
OT Security Business Development Dept.
Industry & Mobility Business Area
Mitsubishi Electric Corporation
ot-security-info@mf.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/

Media Inquiries
Takeyoshi Komatsu
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-2332
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/en/pr/

Mitsubishi Electric Corporation

TOKYO:6503

Release Versions

Contacts

Customer Inquiries
OT Security Business Development Dept.
Industry & Mobility Business Area
Mitsubishi Electric Corporation
ot-security-info@mf.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/

Media Inquiries
Takeyoshi Komatsu
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-2332
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/en/pr/

More News From Mitsubishi Electric Corporation

Joint Investment in Satellite Data Services Co., Ltd. Expected to Accelerate Use of Diverse Satellite Data

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation, MUFG Bank, Ltd., Integrated Design & Engineering Holdings Co., Ltd. (ID&E), Kokusai Kogyo Co., Ltd., and ZENRIN Co., Ltd. announced today that they invested in Satellite Data Services Co., Ltd. (SDS) on February 27. Mitsubishi Electric, MUFG Bank, and ID&E increased their existing stakes through a third-party allotment of shares, while Kokusai Kogyo and ZENRIN invested in SDS for the first time. As a result, SDS has now transi...

Mitsubishi Electric Announces Organizational Changes and Changes in Executive Officers and Executive Officers (Associate) Effective April 1

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its organizational changes and changes in the executive officer structure and division of duties effective April 1, 2026, pursuant to a resolution passed during a regular meeting of the Board of Directors held earlier today. The company also announced Executive Officers (Associate) to be appointed on the same date. 1. Organizational Change (effective April 1, 2026) (1) Renaming Corporate Human Resources Group...

Mitsubishi Electric to Rename Thai Subsidiary Siam Compressor Industry

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its Thai subsidiary, Siam Compressor Industry Co., Ltd., which develops, manufactures and sells compressors for air conditioning and refrigeration equipment, will change its name to Mitsubishi Electric Siam Compressor Industry Co., Ltd. effective April 1. In addition to supplying Mitsubishi Electric group companies, Siam Compressor Industry provides a wide range of compressors to other air conditioning eq...
Back to Newsroom