Nordic Semiconductor Acquires Memfault, Launches Chip-to-Cloud IoT Platform
Nordic Semiconductor Acquires Memfault, Launches Chip-to-Cloud IoT Platform
OSLO, Norway, June 24, Nordic Semiconductor, a leading provider of low-power wireless connectivity, has acquired its long-time partner Memfault Inc., a top cloud platform for large-scale connected product deployments. With this move, Nordic becomes the first semiconductor company to offer integrated hardware, software, and cloud services—changing the way connected products are developed, deployed, and maintained to meet increasing software demands.
This acquisition signifies a significant milestone for Nordic, evolving from a hardware supplier to a comprehensive solution partner.
Nordic’s newly expanded platform now streamlines development and accelerates time-to-market. Continuous software upgrades during the product lifecycle improve security, performance, energy efficiency, and device features in the field. This enables customers to focus on innovation—eliminating the need to navigate complex IoT systems.
Simplicity and Scale for Product Development
They are recognized as a leader in device observability, management, and secure over-the-air (OTA) updates, ensuring high device reliability without the need for field returns. The platform is trusted by an expanding developer base to monitor, maintain, and scale connected devices. Nordic will integrate their solutions throughout its product range and into its nRF Cloud services, creating a more robust offering.
Building the Next Generation of Connected Products
“This acquisition signals our intent,” stated Vegard Wollan, CEO of Nordic Semiconductor. “Together, we empower thousands of customers to interact with millions of devices worldwide.”
Wollan added, “We are redefining the semiconductor sector by merging hardware, software, tools, and services. By pairing Nordic’s low-power wireless technology with Memfault’s cloud services, we make it easier, faster, and safer to develop, operate, and improve connected products throughout their lifecycle.”
François Baldassari, CEO of Memfault, commented, “Nordic’s world-class Systems-on-Chip combined with our cloud platform deliver a unique full-stack solution for connected devices. Our mission is to free engineers to innovate while the platform ensures reliability and insights for millions of products.”
Enhancing Edge AI and Security Capabilities
The move strengthens Nordic Semiconductor’s ability to meet present and future market needs. As IoT nodes become more intelligent through edge AI, and security requirements increase with regulations like the EU Cyber Resilience Act, Nordic’s software and cloud offerings give developers the tools to stay ahead of industry and compliance demands.
Ongoing Commitment to Customers
Nordic and Memfault share a broad customer base and common markets. Nordic will continue to support every IoT device maker—including all its existing customers—regardless of hardware choice. Their platform will keep evolving, with further investments in integration, device management, and advanced AI features.
This acquisition reaffirms Nordic’s focus on customer experience. The expanded software services will simplify processes and add value for thousands of customers, helping them bring products to market faster, reduce operating costs, and manage connected devices more efficiently.
About Nordic Semiconductor
Nordic Semiconductor is a global leader in low-power wireless connectivity for smart, connected devices. The company’s solutions—from hardware to cloud—enable brands to build high-performance, low-power products for consumer, healthcare, and industrial markets. www.nordicsemi.com
About Memfault
They are a leading platform for embedded device observability and OTA cloud services, purpose-built for hardware makers to launch better products faster. Manufacturers across consumer, industrial, and medical sectors use Memfault to monitor, update, and enhance millions of IoT and edge devices at scale.
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