Inpixon Acquires The CXApp, a Leading Smart Workplace App and Hybrid Events Solution Provider
Summary
As a combined solution, Inpixon expects to see an increase in average selling price (ASP) by 10x over its existing mapping products currently offered to enterprise organizations, which we anticipate will result in substantial revenue growth. We are pleased to have joined Inpixon, and we look forward to continuing the mutual success with our great ecosystem partners as we help businesses bring their employees back to the office in a safe and efficient manner that carries over well beyond the pandemic." Weve continued that leadership with our integration of indoor mapping and on-device blue dot tracking, and we recently added augmented reality – a technology with the potential to favorably disrupt the market – to our portfolio to support more immersive user experiences. And now with The CXApp, we can offer what we believe is the markets only enterprise-class SaaS-based mobile app platform for workplace transformation and events management with deep integration of advanced mapping and positioning capabilities. The companys Indoor Intelligence platform ingests diverse data from IoT, third-party and proprietary sensors designed to detect and position active cellular, Wi-Fi, UWB and Bluetooth devices.
