Moxa and Trend Micro Announce Letter of Intent for Joint Venture to Tackle Security Needs in Industrial IoT Environments

By Chantal Polsonetti

Acquisition or Partnership

Moxa Inc. and Trend Micro Incorporated announced they have executed a letter of intent relating to the formation of a joint-venture corporation - TXOne Networks - that will focus on the security needs present in the Industrial Internet of Things (IIoT) environments, including smart manufacturing, smart city, smart energy and more.

Historically, Information Technology (IT) and Operations Technology (OT) have operated within industrial organizations as isolated and independent networks with different teams, objectives and requirements.  Organizations are teeming with machinery and devices that were not originally designed for connectivity to the corporate network, which means they often lack the ability to be easily updated or patched for security measures.  There is a critical need to secure these devices, identify clear ongoing ownership, and to provide a holistic view across the broadening attack surface within enterprises.

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.  Unlike some solutions focused solely on protecting assets nearest to the IT layer via detection, TXOne Networks has expertise closest to the OT layer and will provide proactive, timely and easily implemented 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.  For its part, Trend Micro brings IT channel partner strength while Moxa brings OT channel partner strength.  Together these reinforce the business model and geographic territory targets. 

TXOne solutions also will enable OT customers to optimize network infrastructure for more IIoT opportunities.  They will benefit from Moxa's expertise in building reliable networks to bring more legacy and disparate networks into an industry-grade Ethernet backbone and raising the security level of the entire network's communication to help drive nonstop productivity and cost reduction. 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).

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