Matterport CEO RJ Pittman’s inside look into the 3D modeling company’s $1.6 billion acquisition by CoStar was among the top Bay Area real estate news stories this week. The deal, which was finalized ...
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, which operates online property marketplaces Apartments.com, LoopNet, CoStar and Homes.com, agreed to pay Matterport shareholders $2.75 in cash and another $2.75 in CoStar stock for each share ...