( September 10, 2025, 01:50 GMT | Official Statement) -- MLex Summary: Japan’s Mitsubishi Electric has agreed to increase its stake and fully acquire Nozomi Networks, a cybersecurity technology company, in a deal valued at $883 million. The Tokyo-based company expects to close the transaction by the end of 2025, pending regulatory approvals and other customary conditions. Mitsubishi currently holds a 7 percent stake in Nozomi, a San Francisco–based company recognized as a global leader in operational technology cybersecurity. By integrating Nozomi’s advanced cybersecurity solutions, Mitsubishi aims to strengthen security offerings for operational technology systems for factories.The statements, in Japanese and English, are attached....
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