M&A Deal Summary

Plume Design Acquires Walleye Networks

On November 30, 2020, Plume Design acquired software company Walleye Networks

Acquisition Highlights
  • This is Plume Design’s 1st transaction in the Software sector.
  • This is Plume Design’s 1st transaction in Canada.
  • This is Plume Design’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2020-11-30
Target Walleye Networks
Sector Software
Buyer(s) Plume Design
Deal Type Add-on Acquisition

Target

Walleye Networks

Kelowna, British Columbia, Canada
Walleye Networks, Inc. is a network and security intelligence solutions provider specializing in real-time network analytics and advanced metadata. Walleye Networks is based in Kelowna, British Columbia.

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Buyer(S) 1

Buyer

Plume Design

Palo Alto, California, United States

Category Company
Founded 2015
Sector Internet Software and Services
DESCRIPTION

Plume Design, Inc. is a developer of Consumer Experience Management (CEM) platform, powered by OpenSync, which enables the curation and delivery of new Smart Home Services rapidly and at a massive scale. The Plume HomePass Smart Home Services Suite which includes Plume Adapt, Guard, Control, and Sense is managed by the Plume Cloud, a data- and AI-driven cloud controller currently running the largest software-defined network in the world. Plume leverages OpenSync, an open-source framework that comes pre-integrated and supported on the leading silicon & platform SDKs for coordination by the Plume Cloud. Plume Design was founded in 2015 and is based in Palo Alto, California.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1