Nordic Semiconductor, a global leader in low-power wireless connectivity solutions, announces the acquisition of its long-term partner, Memfault, 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 platform that simplifies development and accelerates time-to-market. Throughout the product lifecycle, continuous software upgrades strengthen the security, performance, power consumption, and functionality of products in the field. This allows customers to focus on innovation – free from the burden of navigating fragmented and complex IoT ecosystems.
Empowering product development through simplicity and scale
Memfault has established itself as the leading platform provider for device observability and management, and secure over-the-air (OTA) software updates to ensure the highest device reliability without field returns. It is trusted by a growing developer community and customers to monitor, maintain, and scale connected products. Nordic will integrate Memfault‘s capabilities across its complete product portfolio and into its existing nRF Cloud services platform, creating a significantly more powerful solution.
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Building the future of innovative connected products
“This acquisition is a declaration of intent,” said Vegard Wollan, CEO of Nordic Semiconductor. “Together, we enable thousands of customers to continuously interact with millions of devices in the field.”
“We are setting a new standard in the global semiconductor landscape for integrating hardware, software, tools, and services. By combining Nordic’s ultra-low power wireless connectivity solutions with Memfault’s cloud services, we are making it faster, simpler, and more secure to develop, maintain, and improve connected products through their entire lifecycle,” adds Wollan.
“Nordic’s world-class Systems-on-Chip, paired with Memfault’s cloud platform, creates an unmatched full-stack solution for connected products,” said François Baldassari, CEO of Memfault. “Our shared goal is simple: Free our customers and engineers to innovate while the platform guarantees reliability and insights for millions of products in the field.”
SOURCE: PRNewswire