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Francisco Partners to Acquire The Weather Company Assets from IBM

Upon close, The Weather Company to become standalone company, unlocking new growth potential ARMONK, N.Y. and SAN FRANCISCO, Aug. 22, 2023 /PRNewswire/ IBM ; class= js-l-obf link link blue

IBM sells The Weather Company assets to Francisco Partners

IBM Sells The Weather Company Assets to Francisco Partners

IBM has announced that investment firm Francisco Partners is set to acquire The Weather Company assets from IBM

IBM is selling most Weather Company assets, says aim is to focus more on AI, cloud

"Over the last few years, we've evolved IBM to be a hybrid cloud and AI company. We regularly review our portfolio to make sure our business areas are core to that strategy, and today's news reflects our continued focus on these two transformational technologies," said Rob Thomas, IBM's senior vice president, software and chief commercial officer.

IBM Sells The Weather Channel Assets to Tech Investment Firm

IBM Sells The Weather Channel Assets to Tech Investment Firm
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