Japanese cybersecurity multinational Trend Micro has agreed to form a joint venture business with California-based industrial communications and networking firm Moxa, in the latest rush to capitalise on a growing convergence of information technology (IT) and operational technology (OT) security.
The agreement will create a new enterprise called called TXOne Networks. Trend Micro will be the majority shareholder, with both parties contributing capital and staff. TXOne Networks will build security gateways, endpoint agents and network segmentation to secure OT and equipment, the two said.
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The agreement comes