ECARX Holdings Inc. announced it will acquire the entire Flyme software business, including Flyme Auto and Flyme OS, for approximately $266 million. Flyme Auto OS is already deployed in over 2 million vehicles, and the acquisition strengthens ECARX's proprietary software stack and end-to-end operating system capabilities. The deal will be funded mainly through bank loans and internal sources, with plans to operate Flyme as an independent division to maintain R&D continuity and support existing customers. This acquisition positions ECARX to capture a larger share of the growing in-car intelligence market by offering a mature, scalable software platform across multiple device ecosystems.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
QuickLogic and PQSecure Technologies demonstrated that PQSecure's CRYSTAL-1000C post-quantum cryptographic IP can be efficiently implemented on QuickLogic's reprogrammable eFPGA fabric within SoCs. This allows field-upgradeable security without costl...
Relmada Therapeutics, a clinical-stage biotech company focused on oncology and CNS therapies, will announce its financial results for Q2 2026 on August 6, 2026. The company will host a conference call and webcast to discuss the results and recent bus...
Gilat Satellite Networks Ltd., a global leader in satellite networking technology, will release its second quarter 2026 financial results on August 5, 2026. Following the release, CEO Adi Sfadia and CFO Gil Benyamini will hold a conference call and w...
B&M European Value Retail's first-quarter update has divided analysts, with Deutsche Bank upgrading the stock to 'hold' citing stabilizing profit margins and a sensible turnaround strategy by new CEO Tjeerd Jegen. Deutsche Bank raised its profit fore...
