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.