Inpixon to acquire Locality Systems Inc.

|About: Inpixon (INPX)|By:, SA News Editor

Inpixon (INPX +94.2%) signs a non-binding term sheet to acquire Locality Systems Inc., a technology company based near Vancouver, Canada, specializing in wireless device positioning and radio frequency augmentation of video surveillance systems.

The acquisition is expected to be accretive and is anticipated to have a purchase price consisting of a combination of cash and equity.

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