News Formal

IBM sells weather business to private equity firm Francisco Partners for undisclosed sum

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 92%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

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

The Big Blue said Tuesday it plans to continue using The Weather Company’s weather data for its software offerings focused on environmental insights.

“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,” said Rob Thomas, senior vice president for software. The Wall Street Journal had reported in April that IBM was exploring a sale of its weather business in a deal that could be valued at more than $1-billion.

IBM, which missed revenue estimates for the second quarter in July, had said in January it would lay off 3,900 employees.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 5. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

IBM sells weather business to private equity firm Francisco Partners(Reuters) - International Business Machines has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, ...
ソース: SaltWire Network - 🏆 45. / 63 続きを読む »