Acquisition2024-04-22confirmed
CoStar Group, Inc. × Matterport, Inc.
CoStar Group acquired Matterport for $1.6 billion in a cash-and-stock transaction. The deal is centered on Matterport's massive repository of 3D spatial data, which CoStar intends to use to enhance its real estate marketplaces.
Price paid
$1.6B
asset price, paid once
Losing bid
—
Per unit
133.3333
$ / digital twins
The asset
A library of over 12 million 3D digital twins of real estate properties and associated spatial data.
- 12M digital twins
The record
- Seller status
- Going concern
- Sector
- spatial data and 3D modeling
- Modalities
- 3d_models, spatial_data, images
- Jurisdiction
- US
What it means if you hold data
This is a landmark acquisition where the primary value driver is a specialized spatial dataset, essential for the future of virtual property tours and real estate AI.