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 ...
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 ...
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 ...
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 ...
The metaverse is a hyper-growth market, and Matterport is an ambitious competitor in this ongoing revolution Matterport’s services, while robust and feature-rich, are surprisingly affordable Even with ...
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 ...
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Has Matterport, Inc. (MTTR) been one of those stocks this year? By taking ...
Matterport, a Bay Area-based tech firm whose three-dimensional space imagery made it a pandemic-era real estate darling, is laying off 170 employees. The firm will also pare back its real estate ...
Spatial data company Matterport will start trading Friday on Nasdaq under the symbol “MTTR” after it completed its merger with special purpose acquisition company Gores Holdings VI (Nasdaq: GHVI).
April 22 (Reuters) - 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 ...