IBM Agrees to Sell Weather Business

Photo:Investment firm Francisco Partners has agreed to acquire The Weather Company assets, including the popular Weather.com platform, from International Business Machines for an undisclosed sum.Continue reading your article with.

Photo:Investment firm Francisco Partners has agreed to acquire The Weather Company assets, including the popular Weather.com platform, from International Business Machines for an undisclosed sum.Continue reading your article with

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IBM selling The Weather Channel and the rest of its weather businessIBM will sell The Weather Company to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum, it announced Tuesday.
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Business Highlights: MacKenzie Scott giving totals $97m in first half; Dearth of new cars under $20kBusiness Highlights: A summary of the day’s top stories in the business world.
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The Weather Company Sold to Private Equity FirmThe digital assets of The Weather Channel, owned by IBM since 2016, will form a standalone company backed by investment firm Francisco Partners.
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