In a major development for the real estate industry, CoStar has made a significant investment in the future by acquiring Matterport, a leading 3D scanning firm. The acquisition, valued at an impressive $2.1 billion, is set to have a profound impact on the way properties are scanned and showcased in the market.

Key points:
– CoStar, a prominent player in the real estate technology sector, has acquired Matterport for $2.1 billion
– Matterport is a renowned 3D scanning company, known for its cutting-edge technology in property imaging
– The acquisition signals a strategic move by CoStar to enhance its offerings and solidify its position in the competitive real estate market
– This acquisition is expected to revolutionize the way properties are scanned and presented, setting a new standard for property showcasing in the industry.

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