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Luxoft Focusing on Internet-of-Things, Connected Cars for Growth

Brittany Umar
11/21/14 6:14 PM EST
Luxoft president and chief executive Dmitry Loschinin describes what's driven the company's growth since its initial public offering in June 2013 and what technologies it's investing in to ensure future growth. After acquiring U.S.-based Internet-of-Things provider Radius this year, Loschinin describes the company's mergers and acquisitions strategy and its emphasis on technologies like IoT. Luschinin says Luxoft will also be focusing on connected cars and autonomous driving capabilities. He reveals that the company is already working with some of the nation's automakers on developing technological features for connected cars as well as companies like Harman and Panasonic.
Stocks in this video: LXFTGMF

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