IBM will sell The Weather Company to Francisco Partners, a tech-focused private equity firm, for an undisclosed sum, it announced Tuesday.

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.

  • jetAEnglish
    57·
    1 year ago

    Why on earth did IBM buy the weather channel?

    • nymwit@lemm.eeEnglish
      2·
      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

    • piecat@lemmy.worldEnglish
      1·
      1 year ago

      A good way to get GPS data. You “need” gps if you want your phone to show “weather near you”