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%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

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.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

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, ...
출처: SaltWire Network - 🏆 45. / 63 더 많은 것을 읽으십시오 »