Mitsubishi Electric and TXOne Networks to Cooperate in Mutual Expansion of OT Security Businesses
TOKYO, December 11, 2023--(BUSINESS WIRE)--Mitsubishi Electric Corporation and TXOne Networks Inc. announced today that they have signed a long-term cooperation agreement covering technology development and marketing, aiming at expanding the operational-technology (OT) security businesses of both companies.
OT and industrial control systems in manufacturing sites are often operated in closed environments, with IT and OT systems separated from each other. However, the emergence of the Internet of Things (IoT) and digital transformation (DX) is enabling convergence between these two domains. As a result, cyberattacks targeting manufacturing sites in industries such as semiconductors and automobiles have increased, leading to production disruptions and highlighting the growing need for more robust security measures in factories.
Through their new collaboration, the two companies aim to create innovative new value in OT security by combining Mitsubishi Electric's assessment, maintenance and operation services as well as control equipment and systems with TXOne's OT security products. The new OT security solutions are expected to improve manufacturing productivity, efficiency and safety as well as security levels throughout the supply chains of various industries.
Mitsubishi Electric offers comprehensive OT security solutions to protect manufacturing sites from cyberattacks. The company has cultivated extensive experience in IT security technology for the financial industry and other sectors, and has developed in-depth knowledge of control equipment and systems, especially for manufacturing, which it provides through a full range of services, from assessment and consulting to countermeasures and operational support.
TXOne provides OT security solutions that enable manufacturers to comply with security guidelines, such as the semiconductor sector's SEMI E187 specification. The company's OT-native network segmentation and defense technologies enable customers to mitigate the impact of cyberattacks. Based on a principle of 'OT Zero Trust,' TXOne adapts to the unique characteristics of each OT environment to deliver cybersecurity solutions that support secure production operations.
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Contacts
Media Contacts
Public Relations Division
Mitsubishi Electric Corporation
prd.gnews@nk.MitsubishiElectric.co.jp
TXOne Networks Inc.
Lynette Lee
lee@txone.com
