BullGuard bags IoT security specialist

BullGuard, a European consumer security company, has bought Dojo Labs, a specialist in IoT security. Terms of the transaction were not disclosed.

Israel-based Dojo Labs has developed a offering that includes home network security technologies, managed through a mobile app, coupled with a cloud-based platform that uses proprietary machine learning algorithms to detect and block threats and anomalies.

"More than 4 billion consumer devices are connected to the internet today, and this number is growing exponentially. Until now, the security and privacy of these devices has been essentially non-existent, leaving our most precious data and possessions exposed," said Paul Lipman, CEO at BullGuard.

"BullGuard and Dojo share a common vision for solving this critical market need."