Smart Buildings

Inpixon Indoor Intelligence Business & SPAC Examined

Inpixon, is a US Nasdaq listed analytics-focused smart building firm headquartered in Palo Alto California. The company’s indoor location data platform ingests a wide range of data from proprietary and third-party sensors that utilize the positions of active cellular, Wi-Fi, and Bluetooth devices in order to map spaces in real-time and provide actionable indoor intelligence. Recent headlines have been dominated by Inpixon’s decision to spin off its Enterprise Apps Business, a major segment of the corporation. The announcement last week, September 26th, detailed a definitive merger agreement between KINS Technology Group, a publicly traded special purpose acquisition company (SPAC), and CXApp Holding Corp., a newly formed subsidiary Inpixon created for the so-called “business combination”. Inpixon stockholders receiving shares in KINS valued at approximately $69 million. KINS will acquire Inpixon’s enterprise apps business, including its workplace experience technologies, indoor mapping, events platform, augmented reality, and related business solutions. The transaction is expected to provide Inpixon’s enterprise apps business with […]

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