IBM Agrees to Acquire Weather Channel's Digital Assets

Updated on
  • Combination to form basis for new Internet of Things unit
  • Television channel isn't part of purchase; terms not disclosed

Why IBM Wants to Buy Weather Co.'s Digital Assets

IBM agreed to acquire digital assets from Weather Co., which include the Weather Channel and Weather Underground apps and websites, attempting to strengthen its ability to crunch data for customers and capitalize on the so-called Internet of Things.

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