Mitsubishi Electric has announced a bold step to strengthen its position in the cybersecurity space with its plan to acquire Nozomi Networks. This move aims to boost industrial cyber defenses and accelerate digital transformation worldwide. The acquisition marks a significant investment in operational technology (OT) and IoT security, as both companies move toward a shared vision of safer, more resilient critical infrastructure.
Mitsubishi Electric’s Strategic Move into Cybersecurity
As a company with more than 100 years of industrial experience, Mitsubishi Electric is expanding its digital offerings by acquiring Nozomi Networks. The deal is built on a history of collaboration between the two organizations, including Mitsubishi Electric’s investment in Nozomi’s recent $100 million Series E funding round. By integrating Nozomi as a wholly owned subsidiary, Mitsubishi Electric solidifies its commitment to cybersecurity innovation while positioning itself as a leader in OT and IoT security.
How the Acquisition Strengthens Industrial Cyber Defenses
Nozomi Networks brings advanced, AI-powered cybersecurity solutions to the table. The company defends global organizations from cyber threats and operational disruptions across OT, IoT, and cyber-physical systems (CPS). With Nozomi’s cloud-first software and award-winning engineering, Mitsubishi Electric will be able to deliver more effective cyber defenses for its customers. Furthermore, both companies are focused on leveraging data and artificial intelligence to boost operational efficiency and resilience for critical infrastructure.
Nozomi Networks’ Ongoing Commitment to Customers and Innovation
Despite the acquisition, Nozomi Networks will maintain its independent operations, brand, and leadership. This ensures that there will be no disruptions for customers, partners, or employees. Nozomi’s commitment to support and innovation remains unchanged, promising seamless service and continuity. The company’s mission to strengthen cyber and operational defenses will be enhanced by Mitsubishi Electric’s global reach and resources.
In summary, the acquisition of Nozomi Networks by Mitsubishi Electric represents a major advancement in industrial cybersecurity. By joining forces, the companies are set to deliver cutting-edge solutions for OT and IoT environments. This partnership promises not only improved security and resilience for critical infrastructure, but also continued innovation and unwavering support for their customers worldwide.
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