Inpixon Completes Acquisition of Global Distribution & Development License for SYSTAT and SigmaPlot Software Suite

Inpixon Completes Acquisition of Global Distribution _ Development License for SYSTAT and SigmaPlot Software Suite

Inpixon (Nasdaq: INPX), a leading indoor data company that delivers Indoor Intelligence™ solutions, today announced it has closed the transaction in which it acquired an exclusive license to market, distribute, and develop the SYSTAT and SigmaPlot software suite of products. Inpixon anticipates the transaction will be accretive to earnings and contribute approximately $3.5 million in additional revenue annually, based on historical sales for the software suite.

The suite of data analytics and statistical visualization tools includes SigmaPlot, SigmaStat, SYSTAT, PeakFit, TableCurve 2D, TableCurve 3D, SigmaScan and MYSTAT. The products are estimated to have more than 400,000 users across 37 countries, including large, well-known, corporate enterprises, universities and governmental agencies.

“We look forward to continuing to offer the reliable sales and support services to the existing SYSTAT and SigmaPlot customer base, while also striving to offer an enhanced user experience and platform extensions that the customers who rely on these tools have been looking for,” said Nadir Ali, Inpixon CEO. “With this transaction we expect to increase our revenue and cross-selling opportunities for all of our solutions, including the Inpixon MappingAnalytics and Workplace Readiness™ solutions, with a greatly expanded global customer base. In addition, the development rights granted will not only allow us to improve the statistical and analytical capabilities of the products for existing customers of the software but also enable us to incorporate the new offering into our Indoor Intelligence platform.”

 

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