
WA MarketView: Mitsubishi Electric's acquisition of Nozomi Networks
On September 9, 2025, Mitsubishi Electric Corporation (Mitsubishi Electric) and Nozomi Networks (Nozomi) publicly announced that Mitsubishi Electric will acquire the remaining shares of Nozomi in a deal valued at approximately $883 million in cash and equity, resulting in the largest OT cybersecurity acquisition to date. The deal is expected to be completed in Q4 2025 following regulatory approval. Two questions we’re being asked are: what is in it for both parties? And how might the acquisition play out?