Smart home services expert Plume today announced it has acquired Walleye Networks, a Canadian network and security intelligence platform provider specializing in real-time network analytics and advanced metadata.
The transaction includes all of Walleye Networks' intellectual property, technology and its research and development (R&D) facility, in addition to its highly experienced and specialized engineering team. Plume intends to further invest in Walleye Networks' R&D center, which provides access to a hotbed of technical talent in the British Columbia region.
The acquisition expands Plume's 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.
Walleye Networks' advanced network and security intelligence solutions run on OpenSync, the fast-growing open-source framework for the smart home. Central to the company's technology, OpenSync is performance-optimized to run in highly memory-constrained environments such as connected consumer devices, and supports a broad range of cost-effective hardware.
"We've had a longstanding and fruitful partnership with Plume, and have worked closely with many of the same communications service provider customers," says Derek Lownsbrough, co-founder, Walleye Networks. "Plume is driving the smart home experiences of tomorrow, and we couldn't be more excited to join this cause."
Plume's Consumer Experience Management (CEM) platform is powered by OpenSync. The open-source framework comes pre-integrated and supported on leading silicon and platform SDKs for coordination by the Plume Cloud, which enables the curation and delivery of new smart home services rapidly and at massive scale. The Plume HomePass Smart Home Services suite of products is managed by the Plume Cloud, a data- and AI-driven cloud controller.
Walleye Networks says its licensable analytics components are purpose-built to aid in securing and protecting the digital health and well-being of family members and devices within the connected home. The innovative technology behind the "Walleye SDK" flagship product brings enterprise grade network intelligence capabilities to consumer grade equipment.
"Granular network intelligence is a cornerstone of the secure smart home," concludes Fahri Diner, co-founder and CEO, Plume. "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."
The transaction closed on November 23, 2020. Terms were not disclosed.