Telematics fuses telecommunications and information technologies in vehicles and can include GPS systems, energy management and other multimedia technologies, the companies said.
The two companies said they will participate in a $12 million investment in Toyota Media Service Co., a Toyota subsidiary that offers digital information services to Toyota customers. They plan to develop applications on the Windows Azure platform -- Microsoft's corporate cloud offering -- starting with 2012 electric and plug-in vehicles, as they work towards establishing a global platform by 2015.
"As electric and plug-in hybrid vehicles become more popular, such systems will rely more on telematics services for achieving efficient energy management," they said, in a prepared statement.Microsoft shares were rising 1.51% to $26.17 following the news. -- Written by Ted Reed in Charlotte, N.C. >To contact the writer of this article, click here: Ted Reed
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