Nordic Semiconductor completed the acquisition of Memfault for $120m.

Nordic Semiconductor, a global provider of low-power wireless connectivity solutions, has completed the acquisition of Memfault, a US-based cloud platform developer for connected device lifecycle management, for $120m. "This acquisition is a declaration of intent. Together, we enable thousands of customers to continuously interact with millions of devices in the field," Vegard Wollan, Nordic Semiconductor CEO.