Matterport Stock Ends Trading After CoStar Acquisition

CoStar Group has completed its acquisition of spatial computing company Matterport.

CoStar Group has finalized its acquisition of Matterport, a spatial computing company that specializes in creating digital twins of physical spaces.

Matterport's technology allows users to create photorealistic 3D models of buildings and spaces, which can be used for various purposes such as virtual tours and property listings.

The acquisition is expected to enhance CoStar's offerings in the real estate and property technology sectors.