Mitsubishi Electric is set to fully acquire Nozomi Networks, a US-based provider of operational technology security solutions, in a deal worth $883m. Currently, Mitsubishi Electric holds a 7% stake in Nozomi Networks. The transaction, anticipated to close this year, is contingent upon regulatory approvals and customary conditions. By integrating Nozomi Networks’ advanced intrusion detection and visualisation technologies, Mitsubishi Electric aims to accelerate its Serendie digital platform and its assoc ...