CoStar Group to acquire Matterport for $1.6bn.

CoStar Group, a provider of online real estate marketplaces, information and analytics in the property markets, agreed to acquire Matterport, an American 3D spatial mapping company, for $1.6bn. "CoStar Group and Matterport have nearly identical mission statements of digitizing the world’s real estate. I look forward to welcoming Matterport to the CoStar Group family and believe that we will be stronger together, in pursuit of our common mission," Andy Florance, CoStar Group Founder and CEO.