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 ...

If improving Matterport was the goal, it didn’t need to do the $1.6 billion deal, Pittman said. The 3D modeling firm had just gone public in July 2021, which “fired the rocket boosters on ...

What investors can expect from CoStar-Matterport. This is a silent deal that will close near the end of March. But right now, Matterport’s stock is hovering around $5.21 per share.Which is only ...

Matterport’s reality capture technology has been adopted by firms such as Corgan for use on multiple airport projects. Photo Courtesy of Corgan. October 24, 2024.

SUNNYVALE, CA–CoStar Group is acquiring locally based Matterport, the producer of photorealistic 3D virtual property tours, in a $1.6 billion transaction that will be split evenly between cash ...

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 holders would get $2.75 per share in cash and CoStar stock worth $2.75 as of Friday's close for each share held, a premium of about 216% from Friday's close.

Matterport has entered into a definitive agreement in which CoStar Group will acquire all outstanding shares of Matterport in a cash and stock transaction valued at $5.50 per share, representing ...

The Transaction is Expected to Increase the Development and Deployment of Matterport’s Advanced AI and Digital Twin TechnologySUNNYVALE, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- Matterport ...

CoStar Group said on Monday it would buy Matterport in a cash-and-stock deal valued at $1.6 billion, as the real estate information provider looks to win listings and sell more properties by ...

Shares of Matterport (NASDAQ: MTTR) fell 17.3% on Wednesday after the spatial data platform company announced weaker-than-expected quarterly revenue and a disappointing forward outlook.

Organizations using Matterport for spatial data can now view it on the same dashboard as AWS IoT TwinMaker data with a new integration. The AWS service builds digital twins that are useful in ...