YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

CoStar to buy Matterport for $1.6B

Posted online

CoStar reached a definitive agreement to buy Matterport, which creates digital real estate models.

The deal is valued at $1.6 billion.

“CoStar Group and Matterport have nearly identical mission statements of digitizing the world’s real estate,” said Andy Florance, founder and CEO of CoStar Group. “The world has changed and today a Matterport is the new open house or property tour."

Read more from Connect CRE.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Evergreen Hair House

Evergreen Hair House opened; the Ozark Chamber of Commerce moved to a new home; and Dirk’s Tavern LLC got its start on C-Street.

Most Read
Update cookies preferences