Exclusive interview with Saagar Govil, chairman and CEO of Cemtrex
A lot’s happened since this website was introduced to Cemtrex a few weeks ago. The company’s been on a gigantic spending spree, buying up companies and restructuring its business for new markets as though it were in a hurry to get somewhere fast.
Where that somewhere is may be deduced from the acquisitions Cemtrex has made and the types of products and services in which the acquired companies specialise.
Last month, Cemtrex purchased an obscure German company called The Target, an electronics manufacturer which supplies top-level automakers.
Then, earlier this month, Cemtrex bought up and is synergising its operations with another German electronics manufacturer, Periscope. Not to be confused with Periscope the video streaming app, the Periscope Cemtrex bought is another supplier to major automotive companies.
It doesn’t take a genius to figure out what Cemtrex has its heart set on – the market for electronics used in autonomous vehicles. [Read more…] about Exclusive: Cemtrex extends its electronic tentacles into new markets