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Nordic Semiconductor signs LOI to acquire Novelda · Endata

◂ Announcements

Oct 16, 2024ACQUISITIONOslo, Norway, Norway

Nordic Semiconductor signs LOI to acquire Novelda

Nordic Semiconductor has signed a Letter of Intent to acquire Norwegian ultra-wideband wireless technology company Novelda AS for an undisclosed sum, subject to due diligence and board approval.

Status

Announced

Productsultra-wideband wireless technology

CompaniesNordic Semiconductor acquirer Novelda target

Sectors#Semiconductors and Industrial Electronics

“Nordic Semiconductor has signed a Letter of Intent (LOI) to acquire the Norwegian ultra-wideband wireless technology company Novelda AS for an undisclosed sum.”live.euronext.com

2 sources
live.euronext.comNOD: Nordic Semiconductor ASA signs LOI for potential acquisition of Novelda ASOct 16, 2024
eenewseurope.comNordic agrees to buy UWB specialist Novelda ...Peter ClarkeOct 18, 2024

Summarized from public sources; check the original articles before acting on it.

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