Inpixon Acquires Portfolio of GPS Technologies to Bridge the Market's Indoor-Outdoor Positioning Gap
Inpixon (INPX)
Last inpixon earnings: 8/21 04:05 pm
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US:NASDAQ Investor Relations:
globenewswire.com/news-release/2018/02/06/1333746/0/en/inpixon-effects-reverse-stock-split.html
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Source: GlobeNewswire
PALO ALTO, Calif., July 01, 2019 (GLOBE NEWSWIRE) -- Inpixon (Nasdaq: INPX), a leading indoor positioning and data analytics company, today announced it has completed the acquisition and licensing of a broad portfolio of global positioning system (GPS) assets and intellectual property from GTX Corp (OTCQB: GTXO), located in Los Angeles CA, previously announced on May 28, 2019. The transaction will allow Inpixon to expand the breadth of available solutions it can offer to enterprise and government customers and includes an anticipated $1 million plus customer pipeline with schools and government agencies, in addition, to the following assets: Patents and Licenses: An intellectual property portfolio that includes a registered patent, along with more than twenty pending patent applications or licenses to registered patents or pending applications relating to GPS technologies.Smart School Safety Network: Design documentation comprised of hardware schematics, design files, data flow an
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