Cemtrex to complete 100% acquisition of Vicon Industries

Cemtrex (CETX) intends to acquire 100% ownership of the entity Vicon Industries, a New York based 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.