IBM is selling assets of The Weather Company — including Weather.com and The Weather Channel mobile app — to private equity firm Francisco Partners.
A mobile phone with The Weather Channel app, Jan. 4, 2019, in Los Angeles. IBM has agreed to sell assets of The Weather Company to private equity firm Francisco Partners for an undisclosed amount, the two companies announced Tuesday, Aug. 22, 2023. The acquisition will include Weather Channel mobile and the Weather.com — among other digital properties and enterprise offerings across industries and mediums, as well as The Weather Company’s forecasting science and technology platform.
The IBM logo is displayed on the IBM building in Midtown Manhattan, April 26, 2017, in New York. IBM has agreed to sell assets of The Weather Company to private equity firm Francisco Partners for an undisclosed amount, the two companies announced Tuesday, Aug. 22, 2023. The acquisition will include Weather Channel mobile and the Weather.
A mobile phone with The Weather Channel app, Jan. 4, 2019, in Los Angeles. IBM has agreed to sell assets of The Weather Company to private equity firm Francisco Partners for an undisclosed amount, the two companies announced Tuesday, Aug. 22, 2023. The acquisition will include Weather Channel mobile and the Weather.com — among other digital properties and enterprise offerings across industries and mediums, as well as The Weather Company’s forecasting science and technology platform.
A mobile phone with The Weather Channel app, Jan. 4, 2019, in Los Angeles. IBM has agreed to sell assets of The Weather Company to private equity firm Francisco Partners for an undisclosed amount, the two companies announced Tuesday, Aug. 22, 2023. The acquisition will include Weather Channel mobile and the Weather.com — among other digital properties and enterprise offerings across industries and mediums, as well as The Weather Company’s forecasting science and technology platform.
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IBM Sells Weather Company Assets to Francisco PartnersTechnology giant IBM seems to think the wind is blowing in a different direction. The company said Tuesday that it had agreed to sell its Weather Company — a collection of digital and analyti…
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IBM selling The Weather Channel and the rest of its weather businessIBM will sell The Weather Company to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum, it announced Tuesday.
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A bunch of the most popular weather apps are getting a new owner.IBM, which owns The Weather Company and brands like Weather.com, Weather Underground, and The Weather Channel app (but not the TV channel, it’s all very confusing) is selling all its weather assets to a private equity firm. It sounds like Francisco Partners has consumer-friendly plans, but this might be bad news for your favorite web app. Weather data is a big and competitive business, and a new owner might not be so friendly about it.
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IBM Agrees to Sell Weather BusinessFrancisco Partners has agreed to acquire The Weather Company assets, including the popular Weather.com platform, from International Business Machines.
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The Weather Company Sold to Private Equity FirmThe digital assets of The Weather Channel, owned by IBM since 2016, will form a standalone company backed by investment firm Francisco Partners.
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The Weather Company Sold to Private Equity FirmThe digital assets of The Weather Channel, owned by IBM since 2016, will form a standalone company backed by investment firm Francisco Partners.
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