CoStar Drops $1.6 Billion to Acquire 3D Camera Pioneer Matterport

CoStar, the commercial conglomerate-turned residential portal gate-crasher, announced today that it is acquiring Matterport in a deal worth $1.6 billion, adding what appears to be a highly complementary new business to its growing arsenal of real estate-focused companies. “CoStar Group and Matterport have nearly identical mission statements of digitizing the world’s real estate,” said Andy…

The post CoStar Drops $1.6 Billion to Acquire 3D Camera Pioneer Matterport appeared first on RISMedia.

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