3D Scanner Matterport Sold For $1.8 Billion, Lamini AI Raises $25 Million, Neurable $13 Million, Freepic Acquires Magnific AI [Forbes]
Matterport, Inc. - Class A (MTTR)
Company Research
Source: Forbes
Photographer: Peter Foley/Bloomberg *** Local Caption *** California-based Matterport, which makes 3D scans of interior spaces, mostly for the real estate industry, has been purchased by the CoStar group for $1.6 billion. The deal will be split equally between cash and stock, with stockholders receiving $2.75 per share in cash and $2.75 in CoStar Group shares. Matterport went public via a spac in 2021. A company with a sense of humor. No wonder investors love them. The Palo Alto-based startup is building a platform to help enterprises deploy generative AI tech. The platform can operate locally in highly secure environments, including air-gapped ones. Lamini lets companies run, fine-tune, and train models on a range of configurations, from on-premises data centers to public and private clouds. It wasco-founded by Stanford Prof Sharon Zhou and Greg Diamos, who was previously with Nvidia. The co-founders' pedigree has attracted AMD, and tech celebrities like Andrew Ng, Figma CEO Dy
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MTTR
News
- Matterport Unveils Reporting Tool to Showcase Carbon Reduction Achieved Using Digital Twins [Yahoo! Finance]Yahoo! Finance
- Matterport Unveils Reporting Tool to Showcase Carbon Reduction Achieved Using Digital TwinsGlobeNewswire
- MATTERPORT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Matterport, Inc. - MTTRBusiness Wire
- Matterport, Inc. (MTTR) Reports Q1 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Matterport (NASDAQ:MTTR) Reports Q1 In Line With Expectations, To Be Acquired [Yahoo! Finance]Yahoo! Finance
MTTR
Earnings
- 5/6/24 - Beat
MTTR
Sec Filings
- 5/8/24 - Form 10-Q
- 5/6/24 - Form 425
- 5/6/24 - Form 425
- MTTR's page on the SEC website