Flyme software business acquired by ECARX Holdings Inc.
ECARX Holdings Inc. acquired Flyme software business, a Chinese automotive software brand, on Jun 22, 2026.
Transaction summary
- Target
- Flyme software business
- Acquirer
- ECARX Holdings Inc.
- Seller
- Wuhan Xingji Meizu Technology Co., Ltd.; Zhuhai Meizu Technology Co., Ltd.; Hubei Xingji Meizu Group Co., Ltd.
- Announced
- 2026-06-22
- Geography
- China
- Tags
- Automotive SoftwareCross Device Operating SystemIn Vehicle Operating SystemSoftware
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- 100%
- First added
- 2026-10-08
- Latest update
- 2026-10-08
Value and multiples
100% enterprise value
CNY 1.8B
100% enterprise value | CNY
Basis: Estimated
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
Approx. $266M USD using FX date not stated.
EV / revenue
-
Period not stated
Basis: FundComb estimate
EV / EBITDA
-
EBITDA basis not stated
Basis: FundComb estimate
Amounts paid and other reported values
Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.
Equity Value: CNY 1.8B
Reported public-source consideration for 100% of the equity was RMB 1.8 billion (approximately US$266 million). The release also cites an independent valuation of RMB 1.824 billion as of May 31, 2026; that is not the transaction consideration. No debt/cash bridge to enterprise value was provided, so the reported equity value is identified as such.
Basis
- CNY 1.8bn equity value is a FundComb estimate. Public sources reviewed confirm the transaction, but do not independently disclose every valuation input.
- Valuation covers 100% of the target; the amount invested or paid for a stake is separate.
Source summary
ECARX Completes Acquisition of Flyme Software Business, Securing End-to-End Operating System Capabilities
ConfirmedAcquisition of Flyme software business by ECARX Holdings Inc..
Open sourceECARX Completes Acquisition of Flyme Software Business, Securing End-to-End Operating System Capabilities
ConfirmedECARX Completes Acquisition of Flyme Software Business, Securing End-to-End Operating System Capabilities Accessibility Statement Skip Navigation Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact Search Search When typing in this field, a list of search results will appear and be automatically updated as you type. Searching for your content... No results found. Please change your search terms and try again. News in Focus Browse News Releases All News Releases All Public Company English-only News Releases Overview Multimedia Gallery All Multimedia All Photos All Videos Multimedia Gallery Overview Trending Topics All Trending Topics Business & Money Auto & Transportation All Automotive & Transportation Aerospace, Defense Air Freight Airlines & Aviation Automotive Maritime & Shipbuilding Railroads and Intermodal Transportation Supply Chain/Logistics Transportation, Trucking & Railroad Travel Trucking and Road Transportation Auto & Transportation Overview View All Auto & Transportation Business Technology All Business Technology Blockchain Broadcast Tech Computer & Electronics Computer Hardware Computer Software Data Analytics Electroni
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