The company is the first semiconductor company that combines first-class hardware, software and cloud services and thus revolutionizes the development, provision and update of networked products in order to meet the rapidly changing requirements and the increasing complexity of software.
Nordic Semiconductor, a leading global provider of energy-saving solutions for wireless networking, today announces the acquisition of its long-time partner Memfault Inc., the market-leading provider of a cloud platform for the large-scale provision of networked products. This represents an important step in the development of Nordic-from the hardware supplier to the complete solution provider.
Nordic now offers a comprehensive platform that simplifies the development and accelerates the market launch. Throughout the entire product life cycle, continuous software upgrades improve safety, performance, power consumption and the functionality of the products. In this way, customers can concentrate on innovations-without having to deal with fragmented and complex IoT ecosystems.
Promotion of product development through simplicity and scaling
Memfault has established itself as a leading platform provider for device monitoring and management as well as safe over-the-air software updates (OTA) to ensure maximum device reliability without returns. It is appreciated by a growing developer community and numerous customers for surveillance, maintenance and scaling of networked products. Nordic will integrate Memfault’s skills into its entire product portfolio and its existing NRF cloud service platform and thus create a much more powerful solution.
Design the future of innovative networked products
“This acquisition is a declaration of intent,” said Vegard Wollan, CEO of Nordic Semiconductor. “Together we enable thousands of customers the continuous interaction with millions of devices in the field.”
“We set a new standard in the global semiconductor landscape for the integration of hardware, software, tools and services. By combining the extremely powerless wireless connectivity solutions from Nordic with the cloud services of MEMFAUST, we can make the development, maintenance and improvement of networked products over their entire life cycle faster, easier and more secure”, adds Wollan.
“The first-class system-on-chip solutions from Nordic, in combination with the Cloud platform from Memfault, form an unsurpassed full-stack solution for networked products,” said François Baldassari, CEO of Memfault. “Our common goal is simple: we enable our customers and engineers to be innovative, while the platform ensures reliability and insights for millions of products in use.”
Strengthening Nordic’s AI and security solutions
This acquisition strengthens the leadership position of Nordic Semiconductor in fulfilling current and future market requirements. Since IoT nodes are becoming increasingly intelligent through EDGE-KI and security standards in the context of regulations such as the EU Cyber Resilience Act will develop, the software and cloud services from Nordic product developers will provide extensive tools in order to always be one step ahead of the expectations of the industry and the legal requirements.
Commitment to continuity and customer confidence
Nordic and Memfault have a wide basis of common customers and joint markets. Nordic has committed to support all manufacturers of IoT devices-including all existing Memfault customers-regardless of their hardware selection. The Memfault platform will develop further, with further improvements and investments in hardware integration, device management and advanced AI functions.
This acquisition underlines Nordic’s commitment to an extraordinary customer experience. Nordic’s new software services simplify the processes and offer added value for thousands of customers who can now focus on product innovations. This solution shortens the market launch time, reduces the operating costs and enables our customers to effectively manage their networked products across the entire life cycle.
For more information, please contact your local Nordic sales employee.
Information on Nordic Semiconductor
Nordic Semiconductor is a worldwide leading provider of energy -saving wireless connection solutions for intelligent, networked products. From the hardware to the cloud, Nordic brands enables the development of powerful devices with extremely low power consumption for the areas of consumer electronics, healthcare and industrial automation. www.nordicsemi.com
Information about Memfault
Memfault is a leading cloud platform for monitoring embedded devices and for over-the-air (OTA), which was specially developed to support hardware companies in bringing better products to the market faster. Device manufacturers from the areas of consumer goods, industry and medicine trust Memfault in order to monitor, update and continuously improve millions of IoT and EDGE devices.
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