- November 19, 2018
- Moxa Technologies Inc
TXOne Networks will focus on the security needs present in the Industrial Internet of Things (IIoT) environments, including smart manufacturing, smart city, smart energy and more.
November 19, 2018 -- Moxa and Trend Micro have announced they have executed a letter of intent relating to the formation of a joint-venture corporation-TXOne Networks-which will focus on the security needs present in the Industrial Internet of Things (IIoT) environments, including smart manufacturing, smart city, smart energy and more. Trend Micro, majority owner in TXOne Networks, identified the potential challenges faced by IIoT stakeholders early on and has been working on several fronts to secure the entire ecosystem, from data center to device. Moxa Inc. brings more than 30 years of experience in industrial networking and protocol expertise. TXOne Networks combines these strengths and responds to the growing security needs of industry, such as smart factories that require a unified solution for delivering deeper visibility into both devices and protocols. These environments are made up of multiple layers requiring protection that sits in and between IT and OT. The responsibility for the security of these combined layers is traditionally unclear. TXOne Networks will build security gateways, endpoint agents and network segmentation to secure, control, and provide visibility of operational technology and equipment. TXOne Networks has expertise closest to the OTlayer and will provide proactive solutions to secure the Industrial Control Systems (ICS) world. In addition to investing intellectual capital, funds and dedicated headcount, each parent company lends complementary channel expertise. Together these reinforce the business model and geographic territory targets. TXOne Networks will be led by Dr. Terence Liu, Trend Micro Vice President and former CEO of Broadweb. With experience building both products and teams, Dr. Liu will bring nearly 20 years of security product expertise to this new team. TXOne solutions intends to enable OT customers to optimize network infrastructure for more IIoT opportunities. They will bring more legacy and disparate networks into on industry-grade Ethernet backbone and raise the security level of the entire network's communication. Professional services will also be provided including security risk assessment, security breach response, and access to threat intelligence from Trend Micro Research and its Zero Day Initiative (ZDI).Learn More
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