Matterport Inc (NASDAQ:MTTR) shares are trading higher Monday after the company announced a deal to be acquired by online real estate marketplace provider CoStar Group. What Happened: Matterport has ...
Matterport CEO RJ Pittman’s inside look into the 3D modeling company’s $1.6 billion acquisition by CoStar was among the top Bay Area real estate news stories this week. The deal, which was finalized ...
The deal implies a per-share value of $5.50 and represents a premium of about 216% over Matterport's last close of $1.74. Sign up here. Shares of Matterport more than doubled to $4.72 and CoStar Group ...
In the latest round of layoffs to hit Bay Area companies, about 460 jobs are set to be eliminated from Matterport, Sumo Logic, Intel Corp., Microsoft and Primary Health. Matterport Inc., a ...
GoPro right-sized its business after its heyday ended. Matterport failed to achieve its lofty goals after its SPAC-backed merger, and it could face even more headwinds. One of these stocks is still ...
Matterport (NASDAQ: MTTR) had the misfortune of coming public by being acquired by a special purpose acquisition company (SPAC) on July 23, 2021, a period when investors were beginning to become ...
Digital twin platform Matterport has agreed to be acquired by one of its customers, CoStar, in a cash-and-stock deal of $5.50 per share that gives it an enterprise valuation of about $1.6 billion.
Arlington County-based real estate data and analytics company CoStar Group announced Friday that it had completed the acquisition of Sunnyvale, California-based 3D digital twin technology company ...
Spatial data company Matterport will start trading Friday on Nasdaq under the symbol “MTTR” after it completed its merger with special purpose acquisition company Gores Holdings VI (Nasdaq: GHVI).