IBM is selling The Weather Company assets to private equity firm Francisco Partners

IBM will still retain its sustainability software business, including the Environmental Intelligence Suite. The Armonk, New York-based tech company said it also plans to still use The Weather Company’s weather data for this technology.

According to Tuesday’s announcement, The Weather Company reaches an average of more than 415 million people each month through its consumer-facing digital properties and more than 2,000 businesses through its enterprise offerings. Rob Thomas, IBM’s senior vice president of software and chief commercial officer, said the deal reflects IBM’s focus on artificial intelligence and hybrid cloud technology.Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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