Brief: Nordic Semiconductor Acquires Memfault
24/06/2025 16:01
June 24 (Reuters) - Nordic Semiconductor ASA NOD.OL: NOD: NORDIC SEMICONDUCTOR ACQUIRES MEMFAULT - LAUNCHES FIRST COMPLETE CHIP-TO-CLOUD PLATFORM FOR LIFECYCLE MANAGEMENT OF CONNECTED PRODUCTS MEMFAULT ANNUAL RECURRING REVENUE (ARR) OF USD 7.2 MILLION AT END OF 2024 BUYS MEMFAULT FOR USD 120 MILLION Source text: ID:nObicClXja Further company coverage: NOD.OL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))