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's business is growing, despite difficult conditions in the US residential real estate market. This means little at the moment though, as Matterport's operating expenses call into question ...

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.

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 ...

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 ...

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 is too risky to buy now due to a tight deal spread and potential significant loss if the CoStar acquisition fails. CoStar's acquisition of Matterport makes strategic sense, but ...

Matterport's (NASDAQ: MTTR) stock surged 15% to a three-month high after the 3D spatial mapping company posted its second-quarter earnings report. Its revenue declined 3% year over year to $28.5 ...

Matterport has introduced the all-new Matterport Pro3 camera along with major updates to its digital twin cloud platform. The Pro3 is equipped with 3D capture technology and can be used indoors or ...