# Zyfra acquires majority stake in VIST Group for $30 million

Zyfra acquired a majority stake in VIST Group, a mining industry management systems developer, for 2 billion rubles ($30 million), with the deal due to close in 2020.

- Type: Acquisition
- Announced: 2018-11-19
- Where: Russia
- Value: $30.0M
- Status: announced
- Products: mining industry management systems, driverless vehicles, robotic machinery, digital platform, predictive analytics
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Zyfra](https://endata.com/companies/35560.md) (acquirer)
- [VIST Group](https://endata.com/companies/35561.md) (target)

## Sources

- [dochub.sk.ru](https://dochub.sk.ru/news/b/news/archive/2018/11/19/zyfra-acquires-vist-group-for-_2400_30-million.aspx), 2018-11-19: "Zyfra acquires VIST Group for $30 million"

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