Siemens said it has signed an agreement with Streetline, a US parking solutions provider, to jointly market a range of smart parking products and services.

The agreement will let Germany’s Siemens improve its intelligent traffic systems (ITS) applications by integrating Streetline’s parking sensors into its own parking products.

Streetline will be allowed to use Siemens parking guidance solutions and ITS services.

The companies said in a press release that they plan to develop and market a new offering that will create “a full spectrum of useful data available to both drivers and transportation planners.”