Nordic Semiconductor Acquires Memfault Inc. to Create Complete Solution for Connected Products

Nordic Semiconductor, a global leader in low-power wireless connectivity solutions, has acquired Memfault Inc., a market-leading cloud platform provider for large-scale deployments of connected products. This acquisition marks Nordic's transition from a hardware supplier to a complete solution partner, offering a comprehensive platform that simplifies development and accelerates time-to-market for connected products.

By integrating Memfault's capabilities into its portfolio and nRF Cloud services platform, Nordic aims to empower product development through simplicity and scale. The company's CEO, Vegard Wollan, stated that the acquisition is a declaration of intent to enable customers to interact with millions of devices in the field. With a focus on building the future of innovative connected products, Nordic's acquisition of Memfault strengthens its position in addressing current and future market demands.

Moreover, Nordic is committed to supporting existing Memfault customers and enhancing the platform's hardware integration, device management, and advanced AI capabilities. This strategic move underscores Nordic's dedication to delivering exceptional customer experiences, removing complexity, and adding value for its customers. The combined solution is expected to reduce time-to-market, lower operational costs, and enable effective management of connected products across their entire lifecycle. For further information, interested parties are encouraged to contact their local Nordic sales representative.