Why it matters
The acquisition would add aerial imagery from buildings and other locations to CoStar’s real-estate data business. The article does not describe broader effects on U.S. markets, costs or jobs.
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CoStar is buying aerial-imagery company Vexcel for $730 million, according to The Real Deal, which cites Bisnow. The deal is expected to close early next year.
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The acquisition would add aerial imagery from buildings and other locations to CoStar’s real-estate data business. The article does not describe broader effects on U.S. markets, costs or jobs.