(Oslo, Norway - June 17, 2025) Nordic Semiconductor, the global leader in
ultra-low-power wireless connectivity solutions, today announced the acquisition
of the intellectual property and core technology assets of Neuton.AI, a pioneer
in fully automated TinyML solutions for edge devices.
  
The acquisition is in line with Nordic's ambitions to enable the future of edge
AI to meet the accelerating demand for edge node intelligence. Neuton.AI's
patented technology breakthrough lies in its fully automated platform, which
creates ML models typically under 5 KB in size - up to 10x smaller and faster
than other approaches. 

"This is a generational leap in embedded compute power and efficiency," said
Vegard Wollan, CEO and President at Nordic Semiconductor. "By uniting Nordic's
low-power wireless leadership with Neuton.AI's cutting-edge TinyML platform, we
empower developers to build a new class of always-on, AI-powered devices-faster,
smaller, and more power-efficient than ever."

Please see the enclosed press release for a more detailed description of the
technological and operational rationale for the acquisition.  

The acquisition includes all intellectual property and selected assets of
Neuton.AI, along with its performance-driven team of 13 highly skilled engineers
and data scientists. The Neuton.AI brand and platform will continue to operate
during the initial integration phase, ensuring uninterrupted service for current
users and partners. Financial terms remain undisclosed, and completion of the
transaction is subject to customary regulatory approvals.

For further information, please contact:
Ståle Ytterdal, SVP IR - Nordic Semiconductor ASA
Phone: +47 930 37 430
Mail: steel.ytterdal@nordicsemi.no

About Nordic Semiconductor: 
Nordic Semiconductor provides ultra-low power wireless connectivity solutions
for smart, connected products. From hardware to cloud, Nordic enables brands to
build high-performance, low-power consumption devices in consumer electronics,
healthcare, and industrial automation. www.nordicsemi.com For more information,
go to www.nordicsemi.com 

About Neuton.AI
Neuton.AI is an innovator in automated TinyML for edge devices. Founded by an
expert team with deep roots in machine learning and neural network development,
Neuton.AI delivers a patented Neural Network Framework and transparent pipeline
that empowers users to build accurate, ultra-small models with minimal effort.
Neuton.AI's platform is trusted by leading semiconductor and sensor
manufacturers, and supports applications across industrial, consumer, IoT, and
healthcare markets.