Magneti Marelli and Telit sign MoU for telematics devices

Telit has signed a MoU (memorandum of understanding) with Fiat Group’s subsidiary Magneti Marelli in the area of GSM and GPRS modules to be used in telematic devices in the automotive field.

The agreement aims at developing info-mobility and tracking functions and services for Telit to supply Magneti Marelli with cellular M2M (machine to machine) modules to be fitted in telematics boxes for automotive use world-wide, particularly for Europe and also Brazil, where market is estimated at six million units in 2010, driven by a mandate to track all cars, trucks and mobile goods in case of theft or other criminal acts.

The two companies have already established a partnership for the development of the first portable navigation device with high-speed data transfer (3G), allowing vehicle occupants to surf the internet the same way as from a personal computer to download web contents.

The telematics boxes allow a wide range of info-mobility services to be accessed from the vehicle: pay-per-use telematics insurance services, anti-robbery tracking and vehicle localization in case of theft, remote diagnostics for vehicle operation, company fleet management, emergency call (also known as E-call), information services on traffic and road conditions, information on access limits and bans, as well as in-vehicle multimedia entertainment services.

Learn more about Telit here.

Via: ProactiveInvestors.

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