Nordic Semiconductor, a leader in low-power wireless connectivity solutions, has announced the acquisition of its long-term partner Memfault, a cloud platform provider for large-scale deployments of connected products.
Nordic now provides a comprehensive platform that simplifies development and accelerates time-to-market. Throughout the product lifecycle, continuous software upgrades strengthen the security, performance, power consumption, and functionality of products in the field. This enables customers to focus on innovation, free from the burden of navigating fragmented and complex IoT ecosystems.
Memfault is a leading platform provider for device observability and management, as well as secure over-the-air (OTA) software updates, ensuring the highest device reliability without field returns. And it is used by a growing developer community and customers to monitor, maintain, and scale connected products. Nordic will integrate Memfault’s capabilities across its entire product portfolio and into its existing nRF Cloud services platform, creating a significantly more powerful solution.
This deal further enhances Nordic Semiconductor’s leadership position in addressing current and future market demands. And as IoT nodes become more intelligent through edge AI, and as security standards evolve under frameworks like the EU Cyber Resilience Act, Nordic’s software and cloud services will equip product developers with comprehensive tools to stay ahead of industry and regulatory expectations.
Nordic and Memfault share a broad base of mutual customers and common markets. Nordic is committed to supporting all IoT device makers, including all existing Memfault customers, regardless of their hardware choice.
This deal emphasizes Nordic’s commitment to an exceptional customer experience. Nordic’s new software services will remove complexity and add value for thousands of customers, allowing them to focus on product innovation. This solution reduces time-to-market, lowers operational costs, and enables our customers to manage their connected products effectively across the entire lifecycle.
KEY QUOTES:
“This acquisition is a declaration of intent. Together, we enable thousands of customers to continuously interact with millions of devices in the field.”
“We are setting a new standard in the global semiconductor landscape for integrating hardware, software, tools, and services. By combining Nordic’s ultra-low power wireless connectivity solutions with Memfault’s cloud services, we are making it faster, simpler, and more secure to develop, maintain, and improve connected products through their entire lifecycle.”
Vegard Wollan, CEO of Nordic Semiconductor
“Nordic’s world-class Systems-on-Chip, paired with Memfault’s cloud platform, creates an unmatched full-stack solution for connected products. Our shared goal is simple: Free our customers and engineers to innovate while the platform guarantees reliability and insights for millions of products in the field.”
François Baldassari, CEO of Memfault
