Mitsubishi Electric announced that it completed the acquisition of all shares of US-based Nozomi Networks, Inc. on January 28, 2026, making it a wholly owned 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Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/6503-20260129-01.pdf","jir_short_summary":"Mitsubishi Electric announced that it completed the acquisition of all shares of US-based Nozomi Networks, Inc. on January 28, 2026, making it a wholly owned subsidiary.","jir_summary":"### Overview of the M&A\nMitsubishi Electric Corporation announced that following the notice on September 9, 2025, regarding the full subsidiary acquisition of US-based Nozomi Networks, Inc., it completed the acquisition of all shares on January 28, 2026, making it a wholly owned subsidiary. Nozomi Networks, Inc. develops and sells OT security solutions, with revenue of USD 101,709 thousand for the fiscal year ending December 2025, and 336 employees.\n\n### Outlook\nMitsubishi Electric has stated that it will promptly disclose any revisions to its consolidated earnings guidance or any matters to be disclosed arising from this transaction. At this point, specific details regarding the financial impact or synergy effects are unknown, but the acquisition is expected to strengthen its OT security business.","jir_financial_highlights":"Acquisition Completion Date: January 28, 2026 (Unknown)\nNozomi Networks, Inc. Revenue (Fiscal Year Ending December 2025): USD 101,709 thousand (Year-over-Year +36.2% (USD 74,695 thousand in 2024 \u2192 USD 101,709 thousand in 2025))\nNozomi Networks, Inc. Number of Employees: 336 (as of end of December 2025) (Unknown)","jir_category":"","jir_hashtags":"#MitsubishiElectric, #M&A, #JapaneseStocks","jir_key_figures":"Acquisition Completion Date: January 28, 2026\nNozomi Networks, Inc. Revenue (Fiscal Year Ending December 2025): USD 101,709 thousand\nNozomi Networks, Inc. Number of Employees: 336 (as of end of December 2025)","jir_meta_title":"Mitsubishi Electric Completes Full Subsidiary Acquisition of US-based Nozomi Networks on January 28, 2026","jir_meta_description":"Mitsubishi Electric completed the acquisition of all shares of US-based Nozomi Networks, Inc. on January 28, 2026, making it a wholly owned subsidiary. Revenue was USD 101,709 thousand for 2025, with 336 employees. Attention to future financial impact.","jir_og_title":"Mitsubishi Electric Announces Completion of Full Subsidiary Acquisition of Nozomi Networks","jir_og_description":"Mitsubishi Electric completed the acquisition of all shares of US-based Nozomi Networks, Inc. on January 28, 2026, making it a wholly owned subsidiary. Expected to strengthen the OT security business.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6855,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-21808","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n