Mitsubishi Electric has announced its acquisition of Nozomi Networks in a deal valued at $1 billion. This strategic move aims to enhance Mitsubishi Electric's capabilities in cybersecurity, particularly in the industrial sector. Nozomi Networks is renowned for its expertise in operational technology (OT) and industrial control system (ICS) security, providing advanced solutions to detect and mitigate cyber threats in critical infrastructure. The acquisition underscores the growing importance of cybersecurity in industrial environments, where the convergence of IT and OT networks has increased vulnerability to sophisticated cyberattacks. Mitsubishi Electric plans to leverage Nozomi's technology to strengthen its security offerings and expand its presence in the global cybersecurity market. This deal reflects a broader trend of traditional industrial companies investing heavily in cybersecurity to protect vital infrastructure from emerging threats. The integration of Nozomi Networks' solutions is expected to accelerate innovation and provide comprehensive protection against evolving cyber risks in sectors such as energy, manufacturing, and utilities. Overall, the acquisition positions Mitsubishi Electric as a key player in the cybersecurity landscape, emphasizing the critical role of securing industrial systems in the digital age.
This Cyber News was published on www.wsj.com. Publication date: Tue, 09 Sep 2025 21:44:04 +0000