IBM will sell The Weather Company to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum, it announced Tuesday.

IBM selling The Weather Channel and the rest of its weather business::IBM will sell The Weather Company to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum, it announced Tuesday.

    • @foggyEnglish
      58•1 year ago

      Data, probably.

    • @[email protected]English
      2•1 year ago

      BM planned to leverage its Watson technology as part of the acquisition, foreseeing its use for weather analytics and predictions. The deal, which closed the following January,[27] does not include the Weather Channel itself, which remained owned by the Bain/Blackstone/NBCUniversal consortium, and entered into a long-term licensing agreement with IBM for use of its weather data and “The Weather Channel” name and branding

      wikipedia page for The Weather Channel

    • @piecatEnglish
      1•1 year ago

      A good way to get GPS data. You “need” gps if you want your phone to show “weather near you”