Arlington County-based real estate data and analytics company CoStar Group announced Friday that it had completed the acquisition of Sunnyvale, California-based 3D digital twin technology company ...

A reality capture tool that offers 3D visualization of a construction site is gaining traction with contractors on large projects, helped by key integrations with Procore and Autodesk. Just a few ...

Matterport's business continues to grow despite weak conditions in the real estate market, driven by the broader adoption of its subscription solution. The introduction of Property Intelligence could ...

CoStar, which operates online property marketplaces Apartments.com, LoopNet, CoStar and Homes.com, agreed to pay Matterport shareholders $2.75 in cash and another $2.75 in CoStar stock for each share ...

Matterport Inc (NASDAQ:MTTR) shares are trading higher Monday after the company announced a deal to be acquired by online real estate marketplace provider CoStar Group. What Happened: Matterport has ...

On the first official day after the CoStar acquisition of Matterport was finalized at the end of February, Matterport CEO RJ Pittman asked his “Matterpeeps” to show up at one of CoStar’s 72 offices in ...

The deal implies a per-share value of $5.50 and represents a premium of about 216% over Matterport's last close of $1.74. Sign up here. Shares of Matterport more than doubled to $4.72 and CoStar Group ...

SUNNYVALE, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ: MTTR), The spatial data company leading the digital transformation of the built world, announced today that it has ...

Digital twin platform Matterport has agreed to be acquired by one of its customers, CoStar, in a cash-and-stock deal of $5.50 per share that gives it an enterprise valuation of about $1.6 billion.

CoStar announced its intention to buy Matterport at a $1.6 billion enterprise value. Matterport stock is a merger arbitrage play, with its stock trading roughly 22% below its acquisition price. The ...

Matterport's stock has declined over 90% since reaching a high in 2021, raising questions about its profitability and competition in the market. The company's current moat of easy-to-use 3D tours and ...

Matterport, Inc. (NASDAQ:MTTR) shares are trading nearly 4% lower. The company on Wednesday announced Genesis, a generative AI service which enables customers to automatically generate dynamic and ...