IBM weighing sale of weather business: WSJ

International Business Machines Corp. IBM is considering selling its weather operation, the Wall Street Journal reported on Wednesday. An auction for the segment, which includes forecasting service Weather.com and The Weather Co.’s business and cloud-focused operations, is in an early phase, the Journal said, citing people familiar with the matter, with private equity the most likely purchaser. However, the people told the Journal there was no guarantee a deal would actually materialize.

IBM is considering selling its weather operation, the Wall Street Journal reported on Wednesday. An auction for the segment, which includes forecasting service Weather.com and The Weather Co.’s business and cloud-focused operations, is in an early phase, the Journal said, citing people familiar with the matter, with private equity the most likely purchaser. However, the people told the Journal there was no guarantee a deal would actually materialize.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bud Light's inclusive ad campaigns are good for business, experts say | CNN BusinessCompany X introduces marketing campaign that touches on Y, a cultural issue some people oppose. Group Z lashes out on social media. Rinse. Repeat. Sooooo lucrative 😂😂😂 Lmfao, sure they r, Jesus Christ the shit ur fake news organization will peddle for the woke left crazies
Source: CNN - 🏆 4. / 95 Read more »