# Espressif acquires majority stake in M5Stack

Espressif Systems has acquired a majority stake in M5Stack, a provider of modular IoT and embedded system platforms. The deal enhances Espressif's AIoT ecosystem.

- Type: Acquisition
- Announced: 2024-04-22
- Status: announced
- Products: IoT modules, embedded systems, ESP32 chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Espressif Systems](https://endata.com/companies/76945.md) (acquirer)
- [M5Stack](https://endata.com/companies/76946.md) (target)

## Sources

- [espressif.com](https://www.espressif.com/en/news/Espressif_Acquires_M5Stack), 2024-04-22: "Espressif Systems has announced its acquisition of a majority stake in M5Stack."

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