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 ...

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 ...

The offer represents a premium of a whopping 212% over Matterport’s last closing share price before the deal was announced on April 22.

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 ...

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 ...

Roughly 10 months after it first announced the planned deal, CoStar Group said Friday that it has completed its acquisition of 3D digital mapping technology firm Matterport. CoStar paid $1.6 ...

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.

While Matterport expands its reach into sectors such as commercial real estate and hospitality, the essence of this strategy underscores the growing trend in the industry, one that Urbanimmersive ...

Matterport stock is a merger arbitrage play, with its stock trading roughly 22% below its acquisition price. The deal is subject to regulatory approval, but is expected to close in 2024.

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.