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TASER (TASR) Stock Gains on New Microsoft Partnership

NEW YORK (TheStreet) -- Shares of TASER International (TASR - Get Report) were gaining 5.1% to $23.49 on Monday after the electrical weapons and body camera maker announced a new partnership with Microsoft (MSFT) to bring its Azure cloud platform to the Axon Platform and

Under the new partnership TASER and Microsoft will create "an integrated approach to capturing and managing evidence including ingesting, retrieving, sharing, analyzing and archiving video, sensor and other data to support law enforcement and criminal justice officials as they work toward creating safer communities."

The two companies will also collaborate on market development and new solutions in the U.S. and around the world, the companies said.

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TASER expects Axon's Azure integration to be available for preview in the fourth quarter and publicly available to all agencies in the first quarter of 2016.

"Microsoft Azure is well known for its industry-leading security and reliability and, with it, we can provide the most secure and compliant...