Nordic Semiconductor Acquires Memfault To Launch Complete Chip-To-Cloud Platform
Deal News | Jun 25, 2025 | PR Newswire Cision Nordic Semiconductor
Nordic Semiconductor, a leading global provider of low-power wireless connectivity solutions, has announced its acquisition of Memfault Inc, a market-leading cloud platform provider, marking a significant development in the semiconductor industry. This acquisition allows Nordic to offer the first complete end-to-end platform, from chip to cloud, for connected product lifecycle management. The integration of Memfault’s capabilities bolsters Nordic's position, transforming it from a hardware provider to a comprehensive solutions partner by combining top-notch hardware, software, and cloud services. This strategic move aims to simplify device development, accelerate time-to-market, and ensure ongoing software updates for enhanced security, performance, and functionality throughout a product's lifecycle. With Memfault’s proven platform for device observability and over-the-air updates, trusted by various sectors including medical, industrial, and consumer electronics, Nordic is set to enhance its edge AI and security solutions significantly. This acquisition further strengthens Nordic’s position in the rapidly evolving IoT market, addressing future demands and customer needs in a cohesive and simplified manner. Both companies share a strong customer base and a commitment to improving connected devices' reliability and innovation.
Sectors
- Semiconductors
- Cloud Computing
- Internet of Things (IoT)
Geography
- Norway – Nordic Semiconductor is headquartered in Norway, making it the geographic focus of the article.
- United States – Memfault, the acquired company, is based in the United States, contributing to the geographic relevance of the article.
Industry
- Semiconductors – The article pertains to Nordic Semiconductor, a key player in wireless connectivity solutions, acquiring Memfault, affecting the semiconductor industry.
- Cloud Computing – Memfault's platform provides cloud-based solutions for device management, indicating the article's relevance to the cloud computing industry.
- Internet of Things (IoT) – Both Nordic and Memfault operate in markets involving connected devices, underscoring the article's connection to the IoT sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nordic Semiconductor | Acquirer | Company | A global leader in wireless connectivity solutions, now expanding into comprehensive IoT solutions. |
| Memfault Inc. | Target Company | Company | A market leader in cloud-based platforms for connected products, now acquired by Nordic Semiconductor. |
| Vegard Wollan | CEO | Person | Chief Executive Officer of Nordic Semiconductor, spearheading the acquisition. |
| François Baldassari | CEO | Person | Chief Executive Officer of Memfault, partner in Nordic's acquisition. |