NEW YORK (AP) — IBM is selling assets of The Weather Company — including Weather.com and The Weather Channel mobile app — to private equity firm Francisco Partners. The two companies announced the deal Tuesday that also includes The Weather Company’s forecasting science and technology platform and other digital properties. They did not disclose its price. IBM agreed to buy The Weather Channel mobile app along with the digital assets of The Weather Company in 2015 for $2 billion — but did not acq
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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, ...
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IBM sells weather business to private equity firm Francisco Partners for undisclosed sumThe 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
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