IBM to buy Weather Channel's digital business
IBM said Wednesday it agreed to buy The Weather Company's B2B, mobile and cloud-based web properties, including WSI, weather.com, Weather Underground and The Weather Company brand. IBM isn’t buying The Weather Channel TV segment. Instead, the Weather Channel will license weather forecast data and analytics from IBM. Financial terms weren’t announced. The Weather Channel is backed by NBC Universal, the Blackstone Group and Bain Capital.
29 October 2015•5 mins read
