347

IBM selling The Weather Channel and the rest of its weather business (www.cnbc.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

73 comments fedilink hide all child comments

IBM selling The Weather Channel and the rest of its weather business::IBM will sell The Weather Company to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum, it announced Tuesday.

you are viewing a single comment's thread
view the rest of the comments

[-] nymwit@lemm.ee 2 points 1 year ago

BM planned to leverage its Watson technology as part of the acquisition, foreseeing its use for weather analytics and predictions. The deal, which closed the following January,[27] does not include the Weather Channel itself, which remained owned by the Bain/Blackstone/NBCUniversal consortium, and entered into a long-term licensing agreement with IBM for use of its weather data and "The Weather Channel" name and branding

wikipedia page for The Weather Channel

this post was submitted on 23 Aug 2023

347 points (98.3% liked)

Technology

59287 readers

4070 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS