Nokia has just announced that it has agreed to sell its HERE mapping business to a consortium of German automakers made up of Audi, BMW and Mercedes-Benz for US$3.07 billion.

In a bid to to bolster its mapping services and technologies, Apple has reportedly acquired GPS firm Coherent Navigation.

In a bid to have a mapping service of to call its own, Amazon has reportedly agree to a deal to acquire New York-based 3D mapping upstart UpNext.