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Nordic Semiconductor, a global leader in low-power wireless connectivity solutions, has announced the acquisition of its long-term partner Memfault Inc. Memfault Inc., a market-leading cloud platform provider dedicated to the large-scale deployment of connected products, marks a significant leap forward for Nordic as it transitions from a hardware supplier to a complete solutions partner.

Nordic now offers a comprehensive platform to simplify development processes and accelerate time-to-market. Throughout the product lifecycle, continuous software updates enhance product security, performance, power consumption, and functionality in the field, enabling customers to focus on innovation without having to navigate the complexities of a fragmented IoT ecosystem.

Simplifying processes and scaling up to drive product development

Memfault has become a leading provider of device monitoring and management platforms, offering secure wireless (OTA) software updates to ensure the highest device reliability without the need for field repairs or returns. Memfault is trusted by a growing community of developers and customers for monitoring, maintaining, and scaling connected products. Nordic will integrate Memfault's capabilities into its comprehensive product portfolio and existing nRF Cloud service platform to create more powerful solutions.

Building the future of innovative connected products

Vegard Wollan, CEO of Nordic Semiconductor, stated, ‘This acquisition demonstrates our commitment to collaboration. We will enable thousands of customers to continuously interact with millions of devices in the field.’

Wollan added: ‘We are setting a new standard in the global semiconductor industry for integrating hardware, software, tools, and services. By combining Nordic's ultra-low-power wireless connectivity solutions with Memfault's cloud services, we will make development, maintenance, and upgrades faster, simpler, and more secure throughout the entire lifecycle of connected products.’

Memfault CEO François Baldassari stated, ‘Nordic's world-class system-on-chip combined with Memfault's cloud platform creates an unparalleled end-to-end solution for connected products. Our shared goal is clear: to empower customers and engineers to innovate freely while providing reliability and insights for millions of products in the field.’

Enhancing Nordic's edge AI and security solutions

This acquisition further solidifies Nordic Semiconductor's leadership position in addressing current and future market demands. As IoT nodes become increasingly intelligent through edge AI and security standards evolve under frameworks like the EU Network Resilience Act, Nordic's software and cloud services will provide product developers with comprehensive tools to stay ahead of industry and regulatory expectations.

Committed to continuity and earning customer trust

Nordic and Memfault share a broad base of common customers and markets. Nordic is committed to supporting every IoT device manufacturer, including all existing Memfault customers, regardless of their hardware choices. The Memfault platform will continue to thrive and will see further investment and enhancements in hardware integration, device management, and advanced AI capabilities.

This acquisition reflects Nordic's commitment to delivering exceptional customer experiences. Nordic's new software services will simplify complexity and create value for thousands of customers, enabling them to focus on product innovation. The solution will reduce time-to-market, lower operational costs, and empower customers to effectively manage their connected products throughout their lifecycle.