CoStar Group Acquires Matterport, a Leader in 3D Digital Twins and Spatial Data, for $1.6 Billion

CoStar Group, Inc. (NASDAQ: CSGP) announced the definitive agreement to acquire Matterport at $5.50 per share, totaling $1.6 billion. This acquisition is set to enhance Matterport's AI and Digital Twin technology development, leading to a 180% surge in Matterport shares.

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