# Swyft acquires ZoomSystems to expand automated retail business

Swyft, Inc. has acquired ZoomSystems (NewZoom LLC), the global leader in automated retail, in a cash and equity transaction. The combined companies will serve a broader global customer base in automated retail and retail automation.

- Type: Acquisition
- Announced: 2017-11-09
- Status: completed
- Products: automated retail systems, vending machines
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Swyft](https://endata.com/companies/17855.md) (acquirer)
- [ZoomSystems](https://endata.com/companies/17856.md) (target)

## Sources

- [swyft.com](https://www.swyft.com/post/swyft-inc-acquires-zoomsystems-the-global-leader-in-automated-retail), 2017-11-09: "It is a tremendous moment for both companies."

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