Cantaloupe Systems, a provider of cloud-based, mobile technologies that deliver an integrated end-to-end vending retail solution, has acquired CompuVend Systems, a developer and publisher of management and control software to the industry.
Financial terms of the acquisition were not disclosed.
Cantaloupe said the acquisition will deepen its vending management system offering while providing CompuVend’s customers with a suite of solutions for cashless vending, dynamic route scheduling, automated prekitting and merchandising, and inventory management.
Post-acquisition, CompuVend VendPro customers can continue to use VendPro, or excercise the option to side-grade to Seed Office, the cloud and mobile VMS from Cantaloupe Systems.
Officials said the expanded team will benefit both CompuVend and Cantaloupe customers through stronger care and support “as Cantaloupe continues its quest to transform the vending industry from an intuition-based business to a science-based one.”