# ECARX to acquire Flyme software business from DreamSmart for $266M

ECARX entered a definitive agreement to acquire 100% of Hubei Qiguang Technology, which holds the Flyme Auto and Flyme OS software portfolio, from DreamSmart Group for RMB 1.8 billion (approximately USD 266 million). The acquisition expands ECARX's end-to-end OS capabilities for automotive and cross-device platforms.

- Type: Acquisition
- Announced: 2026-06-22
- Where: China
- Value: $266.0M (1.80B CNY)
- Status: announced
- Products: in-vehicle cockpit operating system, mobile operating system, cross-device OS
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ECARX](https://endata.com/companies/15432.md) (acquirer)
- [DreamSmart Group](https://endata.com/companies/92575.md) (target)

## Sources

- [ecarxgroup.com](https://www.ecarxgroup.com/press/ecarx-enters-definitive-agreement-to-acquire-full-flyme-software-business-securing-end-to-end-os-capabilities/), 2026-06-22: "This definitive agreement represents a significant expansion of the preliminary acquisition plan announced in April 2026."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.