U.S. Satellite imagery providers DigitalGlobe and GeoEye have announced on Monday that the boards of directors of both companies have unanimously approved a definitive merger agreement working through the acquisition of GeoEye by Digital Globe. This...

Dutch GPS navigation systems maker TomTom today announced this revenue decreased 17 percent to €262 million in the second quarter of 2012. The operating eesult was €14 million and the operating margin 5 percent. The company however maintained its...

The Hamburg, Germany Commissioner for data protection and freedom of information has sanctioned Europcar car rental GmbH with a fine of €54,000 for illegal collection of personal data. Following a complaint the privacy protection authority found out...

Samsung and chipmaker CSR have announced yesterday the acquisition by the Korean company of the handset connectivity (Bluetooth and WiFi) and location R&D centers of CSR for $310 million. This acquisition excludes the indoor location business of...

Mobile GPS navigation provider Navmii yesterday announced to have raised £2 million from investors as part of its current funding round. Navmii has registered more than 8.2 million users for its paid and free turn-by-turn GPS navigation apps and is...

TeleCommunication Systems, Inc. (TCS) last week announced it has acquired privately-held microDATA GIS, Inc., a provider of Next Generation 9-1-1 (NG9-1-1) software and solutions. “The aggregate acquisition consideration is approximately $37...

Amazon is reported to have acquired UpNext, a New York city startup that offers a mapping application for various devices and platforms including the Kindle Fire, Android and iOS. UpNext has 4 co-founders and was created in 2007 to offer 3D maps on...

Swiss GPS and wireless chipset vendor u-blox announced today the acquisition of UK-based Cognovo for $16.5 million. Cogonovo is a spin-off from ARM that will enable u-blox to address new markets for high-speed LTE modems (4G). The company...

All new cars must be fitted by 2015 with eCall devices said Members of the European Parliament in a resolution adopted jointly by the Internal Market and Transport Committees on Tuesday. The resolution, adopted by 58 votes to 4, with 8 abstentions,...

On Friday Verizon Communications announced the acquisition of U.S. telematics supplier Hughes Telematics for a total consideration of $612 million ($12 per share). the price is quite a premium considering Hughes’ Thursday closing price of $4.35 and...

Hexagon AB, a global provider of design, measurement and visualisation technologies, has acquired all shares in the Norwegian company My Virtual Reality Software AS (myVR). myVR provides software that offers a solution for 2D, 3D and 360-degree...