#Memfault acquisition
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Nordic acquires IoT cloud startup Memfault for $120 million
June 27, 2025 /SemiMedia/ — Nordic Semiconductor has announced the acquisition of U.S.-based IoT software startup Memfault for $120 million, aiming to bolster its device lifecycle management and over-the-air (OTA) services across its low-power wireless chip portfolio. Memfault offers a cloud-based platform for monitoring, debugging, and updating embedded systems, particularly those based on…
#electronic components news#Electronic components supplier#Electronic parts supplier#IoT monitoring#MCU software#Memfault acquisition#Nordic Semiconductor#OTA update platform#semiconductor cloud tools#SiP integration
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