SEOUL (Reuters) -- Hyundai Motor Co. said today that it will partner with Cisco Systems to develop connected-car technology, part of the automaker's push to develop "high-performing computers on wheels."
Auto and tech firms are increasingly forming alliances to expand services that hook cars up to Internet, particularly as the race to develop self-driving cars heats up.
Hyundai said Vice Chairman Chung Eui-sun met Cisco CEO Chuck Robbins in Seoul and agreed to co-develop in-vehicle network technology for high-speed transfer of large amounts of data.
"The cooperation is part of Hyundai Motor's wider strategy to establish an industry-leading connected car platform through collaboration with leading technology partners," it said in a statement.
Other alliances include Toyota Motor Corp.'s expansion this month of a 5-year-old partnership with Microsoft Corp. to develop new Internet-connected vehicle services for owners and dealers.