<p>➀ Nordic Semiconductor acquired IoT connectivity platform Memfault for $120 million to establish a hardware/software ecosystem for connected products;</p><p>➁ The integration will enable lifetime software updates, enhanced security, lower power consumption, and improved device management through Memfault's device observability platform and Nordic’s nRF Cloud services;</p><p>➂ The deal aligns with evolving IoT edge AI demands and EU Cyber Resilience Act requirements, aiming to simplify compliant product development for global customers.</p>