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Nordic Semi buys Memfault for $120m - eenewseurope. com Nordic Semiconductor is buying US startup Memfault for $120m for its cloud-based software monitoring platform The Memfault cloud platform that monitors equipment in the field and supports secure over the air updates across the Internet of Things (IoT) It has 100 customers, with a significant number using Nordic low power communications chips
Nordic Semiconductor acquires Memfault, launches the first complete . . . Nordic Semiconductor, a global leader in low-power wireless connectivity solutions, today announces the acquisition of its long-term partner, Memfault Inc , the market-leading cloud platform provider for large-scale deployments of connected products This marks a major leap in Nordic’s evolution - from a hardware supplier to a complete solution partner Nordic now provides a comprehensive
NOD: Nordic Semiconductor acquires Memfault - Euronext Live (Oslo, Norway – June 24, 2025) Nordic Semiconductor today announces the acquisition of its long-term partner Memfault Inc , the market-leading cloud platform provider for large-scale deployments of connected products, for a consideration of USD 120 million on a cash and debt-free basis Memfault has a strong and fast-growing customer base with annual recurring revenue (ARR) of USD 7 2
Nordic Semiconductor Acquires Memfault Toward Full-Stack IoT By bringing Memfault fully into the fold, Nordic aims to deliver the industry’s first complete chip-to-cloud platform —a unified solution that simplifies development, accelerates time-to-market, and ensures long-term product reliability “This acquisition is a declaration of intent,” said Vegard Wollan, CEO of Nordic Semiconductor
Nordic Semiconductor acquires Memfault Nordic is committed to supporting every IoT device maker – including all existing Memfault customers – regardless of their choice of hardware The Memfault platform will continue to thrive, with further enhancements and investments in hardware integration, device management, and advanced AI capabilities