Inpixon Announces Successful Completion of Spin-off of Sysorex, Inc.

PALO ALTO, Calif. — Inpixon (Nasdaq: INPX) today announced it has successfully completed the spin-off of its value added reseller business, Sysorex, Inc. (“Sysorex”).  As a result, Inpixon and Sysorex are now two separate publicly traded companies.

In connection with the transaction, Inpixon distributed one share of Sysorex common stock for every three shares of Inpixon common stock to its stockholders (including holders of Series 4 Convertible Preferred Stock) and holders of outstanding warrants of record […]

Inpixon Establishes Record Date and Anticipated Distribution Date for Forthcoming Spin-off of Value-Added Reseller Segment

PALO ALTO, Calif. Inpixon (Nasdaq: INPX), a leading indoor positioning and data analytics company, today announced its board of directors has established an August 21, 2018 record date for the previously announced spin-off of all of the outstanding common stock of Sysorex, Inc., its value added reseller division (“Sysorex”). The dividend will be payable to Inpixon stockholders as of the close of business on the record date, in the ratio of one […]

Inpixon Reports Fourth Quarter and 2017 Financial Results and Provides Corporate Update

Conference Call to Be Held Today at 4:30 PM Eastern Time

PALO ALTO, Calif. Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today reported financial results for the fourth quarter and year ended December 31, 2017 and provided an update on corporate developments. All numbers are presented after giving effect to the reverse split implemented on February 6, 2018.

Fourth Quarter 2017 Financial Highlights

  • 2017 Q4 revenue of $4.6 million
  • 2017 Q4 gross […]
By |2018-03-22T16:14:49-07:00March 22nd, 2018|Categories: In The News, News, Release Notifications|Tags: , , , |

Inpixon Reports Fourth Quarter and 2016 Financial Results And Provides Corporate Update

Conference Call To Be Held Today at 4:30 pm Eastern Time

PALO ALTO, Calif. – Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today reported financial results for the fourth quarter and year ended December 31, 2016 and provided an update on corporate developments.

Fourth Quarter 2016 Financial Highlights:

  • 2016 Q4 revenue of $14.5 million
  • 2016 Q4 gross margin of 31%
  • 2016 Q4 GAAP net loss of $7.51 per share
  • 2016 Q4 Proforma Non-GAAP […]
By |2017-05-11T12:40:52-07:00April 17th, 2017|Categories: In The News, News, Release Notifications|Tags: , , , |

Sysorex Rebrands to Inpixon, Signifying Increased Focus on Indoor Positioning Analytics

Delivers GPS for the indoors; Harnesses powerful analytics to modernize the brick-and-mortar market; Creates security dome to keep unauthorized devices off the enterprise premises 

PALO ALTO, CA, March 1, 2017 – Sysorex (NASDAQ: SYRX) today announced that it has re-branded the organization to Inpixon. The Company’s common stock will begin trading on The Nasdaq Capital Market (“Nasdaq”) under its new name and the trading symbol “INPX” effective with the market opening on March 1, 2017. The name […]

Sysorex Announces Favorable Decision from the Nasdaq Hearings Panel

Effects Reverse Stock Split and Name Change to Inpixon

PALO ALTO, CA, – February 28, 2017 – Sysorex (NASDAQ: SYRX), the indoor positioning and data analytics company, today announced that it has received written notification that the Nasdaq Hearings Panel (the “Panel”) has granted the Company’s request for continued listing on the Nasdaq Capital Market, subject to certain conditions including that, no later than March 15, 2017, Sysorex effect a reverse split of its common […]

By |2017-02-28T17:15:14-07:00February 28th, 2017|Categories: News|Tags: , , , |

Sysorex Named to 2017 CRN MSP Elite 150 List

Recognized for cutting edge approaches to delivering managed services

PALO ALTO, Calif., February 23, 2017 – Sysorex (NASDAQ: SYRX), the indoor positioning and data analytics company, today announced that CRN®, a brand of The Channel Company, has named Sysorex to its 2017 Managed Service Provider (MSP) 500 list in the Elite 150 category. This annual list recognizes North American solution providers with cutting-edge approaches to delivering managed […]

By |2017-04-27T03:15:34-07:00February 23rd, 2017|Categories: In The News, News|Tags: , , |

Sysorex Reports Financial Results For The Second Quarter Ended June 30, 2016

Conference Call To Be Held Today at 4:30 pm Eastern Time

PALO ALTO, Calif. – Sysorex (NASDAQ: SYRX), a developer of high performance analytics software and solutions, today reported financial results for the second quarter ended June 30, 2016.

Second Quarter 2016 Financial Highlights:

  • 2016 Q2 revenue of $13.3 million
  • 2016 Q2 gross margin of 26%
  • 2016 Q2 GAAP net loss of $0.17 per share
  • 2016 Q2 GAAP net loss of $4.2 million
  • 2016 Q2 Proforma Non-GAAP net […]
By |2017-04-27T03:15:35-07:00August 11th, 2016|Categories: News|Tags: , |

Leading Beverage Manufacturer Selects Sysorex for Next Generation Data Center Upgrade

PALO ALTO, Calif. – July 11, 2016 – Sysorex (NASDAQ: SYRX), a developer of high performance analytics software and solutions, today announced purchase orders for approximately $2.5 million from a leading California-based beverage manufacturer and distributor to design and deploy a next generation data center architecture. Under the terms of the project, Sysorex will develop a “virtualized,” or software-defined, data center (SDDC) that will help the client reduce costs and better respond to its growing […]

By |2017-04-27T03:15:36-07:00July 11th, 2016|Categories: News|Tags: , , |

Sensing a radical shift in the way Canadians shop

TorontoStar

Bob Koblovsky, of Sysorex, was promoting new technology to help retailers track movements and habits of shoppers during the Retail Council of Canada conference.

California tech company introduces its ‘passive’ sensors, which pick up on Wi-Fi, Bluetooth and cellular signals to help retailers track shoppers and shipments.

Francine Kopun, Business Reporter
Toronto Star, June 1, 2016

Imagine your trip through a shopping mall being tracked by sensors and that information – […]

By |2017-04-27T03:15:36-07:00June 2nd, 2016|Categories: In The News, Mobile|Tags: , , , , |