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Stock Market & Financial Investment News

News Breaks
April 21, 2014
09:02 EDTSYRXSysorex Global completes acquisition of AirPatrol for $30M
Sysorex Global announced that it has completed the acquisition of AirPatrol for $30M consisting of $10M of common stock, $10M in cash, plus an earn-out of up to $10M in cash and stock based on AirPatrol achieving certain profitability levels. Based in Maple Lawn, Maryland, AirPatrol has 4 U.S. and 11 foreign patent applications pending for its location, security and context awareness systems that can detect and locate smartphones, tablets, laptops and other mobile devices. AirPatrol has become a subsidiary of Sysorex and will retain its management and operations.
News For SYRX From The Last 14 Days
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November 13, 2014
16:10 EDTSYRXSysorex Global sees FY14 revenue $64M-$67M, consensus $70.15M
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16:09 EDTSYRXSysorex Global reports Q3 adjusted EPS (8c), consensus (6c)
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