PALO ALTO, Calif., April 17, 2018 (GLOBE NEWSWIRE) — Inpixon (NASDAQ:INPX), a leading indoor positioning and data analytics company, today announced that its board of directors has authorized proceeding with a spin-off of its wholly-owned subsidiary, Inpixon USA (including its subsidiary, Inpixon Federal, Inc.) (“Sysorex”), which is expected to be renamed “Sysorex, Inc.” in connection with the consummation of the transaction. Following the proposed transaction, Sysorex will become an independent publicly traded company.
Inpixon Announces Plans to Spin-Off Inpixon USA as a Separate Public Company
by GlobeNewsWire | Apr 17, 2018 | Globe Newswire