The .NET Micro Framework brings a rich, managed-code environment to smaller, less expensive, and more resource-constrained devices. Requiring only a few hundred kilobytes of RAM and an inexpensive processor, the .NET Micro Framework was built from the ground up to let you build applications using familiar Visual Studio development tools.
With .NET Micro Framework SDK, you can develop your embedded solutions in C# using a subset of the .NET libraries focused on embedded applications. Your development environment is Visual Studio, where you can take advantage of its powerful editing, object browsing, project management, and debugging capabilities. These capabilities are available when using the .NET Micro Framework SDK's extensible device emulation system or on real hardware.
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Apress has a book out on .NET Micro Framework. Here is the link:
Expert .NET Micro Framework : 9781590599730