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.

Matterport CEO RJ Pittman’s inside look into the 3D modeling company’s $1.6 billion acquisition by CoStar was among the top Bay Area real estate news stories this week. The deal, which was finalized ...

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 ...

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 ...

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 ...

CoStar Group is continuing to focus on expansion. The firm announced Monday that it has acquired 3D scanning company Matterport. The Andy Florance-helmed CoStar purchased all of Matterport’s ...

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 ...

Matterport has seen significant subscriber growth, expanding its base by 34% YoY to over 827,000 in Q2 2023. The company offers a unique value proposition with competitive advantages in the digital ...

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 ...

As a Premium Partner, Matterport will gain access to Autodesk’s extensive go-to-market resources to nurture the development and enhancement of new and existing integrations SUNNYVALE, Calif., Oct. 26, ...

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 ...