$730MStrategic acquisitionTechnology
CoStar to buy aerial-imagery firm Vexcel for about $730M cash
CoStar Group has agreed to acquire Vexcel Group, operator of one of the world's largest survey-grade aerial imagery programs, for approximately $730 million in cash. CoStar plans to use the imagery to power richer search and discovery across its real estate marketplaces with tens of billions of AI-derived data fields.
Why it matters: High-resolution imagery deepens CoStar's data and digital-twin offerings in property markets.
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