Ecarx to acquire Flyme's automotive software portfolio

News
M&A
ATI News Team

The purchase covers Flyme Auto and the cross-device Flyme OS through 100% of Hubei Qiguang Technology, carved out from DreamSmart Group

Ecarx Holdings has signed a definitive agreement to acquire mainland Chinese firm Flyme's entire software business portfolio for 1.8 billion yuan (approximately $266 million).

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