Matterport CEO RJ Pittman emphasizes that the merger with CoStar is about amplifying CoStar’s growth potential and digitizing the real estate industry, not just improving Matterport. The $1.6 ...

This recognition highlights Matterport’s ongoing dedication to revolutionizing the real estate industry with cutting-edge technology and meaningful innovation.

Matterport's acquisition by CoStar Group presents an arbitrage opportunity with a potential 12.2% return. Read why MTTR stock is a Buy.

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.

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.

Sunnyvale, CA-based Matterport's library of virtual property tours includes 12 million spaces encompassing an estimated 38 billion square feet.

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 ...

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 ...

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 ...

Founded in 2011, Matterport pioneered the development of the first 3D capture solution to deliver dimensionally accurate, photorealistic virtual tours or “digital twins” for any type of ...

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.

Matterport, a Bay Area-based tech firm known that sells cameras and software for virtual tours, is laying off 170 workers and cutting back office space.