Smart home vendor Plume has announced the acquisition of Walleye Networks.
Canadian Walleye Networks is a security intelligence solutions provider specialising in real-time network analytics and advanced metadata.
Terms of the deal were not disclosed.
As part of the pickup, Plume will acquire all of Walleye Networks’ intellectual property, technology and Research and Development (R&D) facility, along with its experienced and specialised engineering team.
Plume said that it will look to expand investment in Walleye Networks’ R&D center, which provides access to a “hotbed of technical talent” in the British Columbia region.
The smart home services specialist also said that the acquisition will expand its expertise in key areas including Domain Name System (DNS) infrastructure, Distributed Denial-of-Service (DDoS) detection, Network Behavior Anomaly Detection (NBAD), Application Performance Management (APM), privacy analytics and management, and intelligent edge processing at scale.
Fahri Diner, co-founder & CEO, Plume, said: “Granular network intelligence is a cornerstone of the secure smart home. Walleye Networks enables an unparalleled level of insight with the most robust and in-depth data-driven security solutions available today––all developed to meet the highest levels of privacy. We are thrilled to welcome Derek and this extremely talented group of people to Plume, along with their novel technology and deep subject matter expertise.”
Derek Lownsbrough, co-founder, Walleye Networks, said: “We’ve had a longstanding and fruitful partnership with Plume, and have worked closely with many of the same communications service provider customers. Plume is driving the smart home experiences of tomorrow, and we couldn’t be more excited to join this cause.”
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14 June 2021 @ 15:00:01 UTC