CoStar Group Closes Matterport Acquisition
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CoStar Group said Friday it has completed the acquisition of Matterport . The acquisition will expedite the adoption of artificial intelligence-driven digital twin technology across the international real estate market, the company said. Under the cash-and-stock deal first announced in April, Matterport shareholders were due to receive $2.75 in cash and $2.75 in CoStar Group shares for every Matterport share.
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