Nordic Semiconductor Acquires Memfault to Revolutionize Connected Product Management

Nordic Semiconductor, a leader in low-power wireless connectivity solutions, has acquired Memfault Inc., a prominent cloud platform provider for connected products. This acquisition marks a significant milestone in Nordic's transformation from a hardware supplier to a comprehensive solution provider. By integrating Memfault's capabilities into its portfolio, Nordic is set to offer customers a complete platform for managing connected products, from development through to deployment and upgrades. This innovative solution aims to simplify development, accelerate time-to-market, and ensure continuous software improvements, enhancing product performance, security, and power efficiency. Nordic's CEO, Vegard Wollan, emphasized the intent behind this acquisition to set a new industry standard by combining Nordic's connectivity solutions with Memfault's advanced cloud services. This strategic move also positions Nordic to address the growing demands for intelligent IoT solutions and evolving security standards, particularly under regulations like the EU Cyber Resilience Act. Both Nordic and Memfault are committed to supporting their customers and enhancing the platform's capabilities, ensuring high reliability and insights across millions of devices globally.