CoStar Group Completes Acquisition of Matterport, Ushering in a New Era of 3D Digital Twins and AI-Powered Real Estate Innovation
ARLINGTON, Va., February 28, 2025--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today the successful completion of its previously announced acquisition of Matterport, Inc. (NASDAQ: MTTR), the global leader in 3D digital twin technology. This powerful combination brings together two industry pioneers to accelerate the adoption of AI-driven digital twin technology across the global real estat
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Matterport Announces Fourth Quarter 2024 Financial Results, with Over 50 Billion in Square Feet Under Management, up 33%, and Total Subscription Revenue up 14%, Year-over-Year
Record full year subscription revenue of $99.6 million, up 14% year-over-yearQ4 annualized recurring revenue (ARR) grows to $104.2 millionRecord full year total revenue of $169.7 millionTotal subscribers grew to 1.2 million, up 23% year-over-year SUNNYVALE, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quart
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Matterport 2025 Winter Release: Productivity Multiplied Delivers The Next Leap in Property Marketing and Management
From AI-generated marketing to real-time collaboration, the latest features make every step faster and easierSUNNYVALE, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), a pioneer in digital twin technology and spatial data capture, is redefining what’s possible in property marketing and management with its 2025 Winter Release. Packed with powerful new features, AI-driven automation, and workflow-enhancing tools, this release transforms how real estate professionals, des
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Introducing Matterport Marketing Cloud: The Ultimate Hub for Real Estate Agents to Get Listings to Market Faster
A single platform for agents and property marketers to order and publish MLS-ready 3D tours, photos, videos, floor plans, and AI-powered descriptionsSUNNYVALE, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), a pioneer in digital twin technology and spatial data capture, is making real estate marketing faster and easier than ever with the launch of Matterport Marketing Cloud—a powerful, all-in-one hub designed to help agents create high-impact digital marketing campaign
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CoStar Targets Australia’s Domain With $1.68 Billion Takeover Proposal
U.S. real-estate advertiser and analytics provider CoStar is looking to follow its recent U.K. expansion with a move into Australia.
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