The targeted assets include The Weather Company's consumer-facing digital products, The Weather Channel mobile products, and cloud-based digital products such as Weather.com, Weather Underground, and Storm Radar. It also includes enterprise products providing data solutions for broadcasting, media, aviation, advertising technology, and other emerging industries. The Weather Company will also bring its forecasting technology platform to Francisco Partners.
IBM will retain its sustainable software business, including its Environmental Intelligence Suite (EIS). The transaction is expected to be completed by the end of the first quarter of 2024.
