diff --git a/HISTORY.rst b/HISTORY.rst
index 63772de0..727cbe46 100644
--- a/HISTORY.rst
+++ b/HISTORY.rst
@@ -20,6 +20,8 @@ test-driven methodologies, and modern toolchains for unrivaled success.
 6.1.14 (2024-??-??)
 ~~~~~~~~~~~~~~~~~~~
 
+* Broadened version support for the pyelftools dependency, enabling compatibility with lower versions and facilitating integration with a wider range of third-party tools  (`issue #4834 <https://github.com/platformio/platformio-core/issues/4834>`_)
+
 6.1.13 (2024-01-12)
 ~~~~~~~~~~~~~~~~~~~
 
diff --git a/platformio/pipdeps.py b/platformio/pipdeps.py
index 31715be2..0ece2b65 100644
--- a/platformio/pipdeps.py
+++ b/platformio/pipdeps.py
@@ -25,7 +25,7 @@ def get_pip_dependencies():
         "click >=8.0.4, <9",
         "colorama",
         "marshmallow == 3.*",
-        "pyelftools == 0.30",
+        "pyelftools >=0.27, <1",
         "pyserial == 3.5.*",  # keep in sync "device/monitor/terminal.py"
         "requests%s == 2.*" % ("[socks]" if is_proxy_set(socks=True) else ""),
         "semantic_version == 2.10.*",