LifeLock Inc. (NYSE: LOCK) has acquired Lemon Inc. for $42.6 million.

Lemon develops mobile wallet technology. LifeLock, in connection with the acquisition, has launched a new application, called LifeLock Wallet, using Lemon’s technology that aims to help consumers protect their digital identities.

The target received $8 million in venture capital funding in 2012 from Maveron, Lightspeed Venture Partners, CampVentures, Draper Fisher Jurvetson and the Social & Capital Partnership.

LifeLock, headquartered in Tempe, Ariz., provides identity-theft protection services. 

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