Flyme software business acquired by ECARX Holdings Inc.
ECARX Holdings Inc. acquired Flyme software business, a Chinese automotive software brand.
Transaction summary
- Target
- Flyme software business
- Acquirer
- ECARX Holdings Inc.
- Announced
- 2026-06-22
- Geography
- China
- 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
- Estimated equity value: CNY 1.8bn.
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..
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