Mitsubishi Electric to acquire Nozomi Networks.

Mitsubishi Electric, a Japanese multinational electronics and electrical equipment manufacturing company, agreed to acquire Nozomi Networks, a provider of cybersecurity solutions. Financial terms were not disclosed. "We are excited to welcome Nozomi to the Mitsubishi Electric family. This acquisition will enable us to co-create valuable new services while supporting Nozomi's commitment to innovation and customer flexibility. Together, we can help our customers achieve their digital transformation goals while enhancing security, efficiency, and resilience," Satoshi Takeda, Mitsubishi Electric SVP, CDO and CIO.