Inpixon's enterprise apps business to go public via a SPAC merger with KINS Technology Group in a $69m deal.

Inpixon's enterprise apps business agreed to go public via a SPAC merger with KINS Technology Group, a publicly traded special purpose acquisition company, in a $69m deal. "We have been working on multiple strategic transactions for some time and believe this transaction will unlock significant value for stockholders. I could not be more excited about the outlook for this line of business. With this transaction, capital and operational resources will be singularly focused on the growth and profitability of this business. In addition, Inpixon shareholders will be able to benefit in the potential upside as stockholders of two public companies, each with distinct customers and product lines," Nadir Ali, Inpixon CEO.