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Upon close, The Weather Company to become standalone company, unlocking new growth potential ARMONK, N.Y. and SAN FRANCISCO, Aug. 22, 2023 /PRNewswire/ -- IBM ; class='js-l-obf link link--blue'
IBM has announced that investment firm Francisco Partners is set to acquire The Weather Company assets from IBM
By Adriano Marchese Investment firm Francisco Partners has agreed to acquire The Weather Company assets, including the popular Weather.com platform, from IBM for an undisclosed sum. The...
"Over the last few years, we've evolved IBM to be a hybrid cloud and AI company. We regularly review our portfolio to make sure our business areas are core to that strategy, and today's news reflects our continued focus on these two transformational technologies," said Rob Thomas, IBM's senior vice president, software and chief commercial officer.
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The sale includes The Weather Company’s consumer-focused assets such as Weather.com and Storm Radar, as well as enterprise offerings for industries including media and aviation