Inpixon rises on $8.7 mln deal to buy Nanotron Technologies

XTI Aerospace

05/10/2020 15:24

** Shares of indoor intelligence co  INPX.O  up ~9% at $1.28
    ** INPX to buy Nanotron Technologies for $8.7 mln in cash;
deal expected to close on or about Oct. 6  urn:newsml:reuters.com:*:nPnbxfG35a
    ** Berlin, Germany-based Nanotron makes internet-of-things
related sensors and software
    ** Co expects deal to increase annual rev by >$5 mln
    ** INPX shares down ~73% YTD

 (Reporting by Lasya Priya M)
 ((LasyaPriya.M@thomsonreuters.com;))