Cemtrex to Complete 100% Acquisition of Vicon Industries [Yahoo! Finance]
Cemtrex Inc. (CETX)
Last cemtrex inc. earnings: 8/19 05:03 pm
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US:NASDAQ Investor Relations:
cemtrex.com/investor-relations
Company Research
Source: Yahoo! Finance
company, today announced that it intends to acquire One Hundred percent (100%) ownership of the entity Vicon Industries, Inc. (VCON), a New York based leading provider of mission critical security and video surveillance systems. This plan, which is expected to close by year-end, will solidify Cemtrex's position as Vicon's sole owner, increasing its current stake from approximately 93% to 100%. Since 1967, Vicon has been a leading manufacturer of mission-critical security surveillance systems. Vicon is focused on providing solutions that are engineered not just for performance and features, but for simplicity in deployment, operation and maintenance. Vicon's mission is to serve as a valued security technology partner to their customers by reducing security solution complexity, ensuring a superior experience. According to Markets & Markets, the video surveillance market was valued at USD 30.37 Billion in 2016 and is projected to generate USD $54.42 billion in 2024, with expectations
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News
- Cemtrex, Inc. (NASDAQ: CETX) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Cemtrex's Vicon Industries Secures $10.4 Million Valerus Expansion Order from State Government Corrections Customer [Yahoo! Finance]Yahoo! Finance
- Cemtrex’s Vicon Industries Secures $10.4 Million Valerus Expansion Order from State Government Corrections CustomerGlobeNewswire
- Cemtrex Regains Compliance with NASDAQ Listing RequirementGlobeNewswire
- Cemtrex's Vicon Announces New Partnership with AI Chipmaker Hailo for its New Modular Camera System, NEXT™ [Yahoo! Finance]Yahoo! Finance
CETX
Sec Filings
- 12/20/24 - Form S-3
- 12/13/24 - Form 8-K
- 12/5/24 - Form 8-K
- CETX's page on the SEC website