CoStar Group ( (CSGP) ) just unveiled an announcement.
On February 28, 2025, CoStar Group completed its acquisition of Matterport, a leader in 3D digital twin technology, marking a significant step in advancing AI-driven real estate solutions. This merger aims to accelerate the adoption of digital twin technology across the global real estate sector, enhancing property insights and expanding the use of AI, computer vision, and machine learning, positioning the combined company at the forefront of real estate technology innovation.
More about CoStar Group
CoStar Group, Inc. is a global leader in commercial real estate information, analytics, and online marketplaces. Founded in 1986 and headquartered in Arlington, Virginia, the company is dedicated to digitizing the real estate industry. CoStar Group’s major brands include CoStar, LoopNet, Apartments.com, and Homes.com, among others, serving clients worldwide with innovative technology and comprehensive market intelligence.
YTD Price Performance: 4.98%
Average Trading Volume: 2,746,054
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $30.5B
For detailed information about CSGP stock, go to TipRanks’ Stock Analysis page.