How Matterport Will Change After CoStar Acquisition

By Franco Faraudo

CoStar hinted at a major acquisition in its recent earnings call, and yesterday, the details were revealed: CoStar agreed to purchase 3D imaging company Matterport for $1.6 billion. While this might not seem significant for a company worth over $34 billion like CoStar, it represents a 216% premium compared to Matterport's recent stock price. Furthermore, […]

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