IBM completes Weather Company businesses acquisition
Staff writer ▼ | January 30, 2016
IBM has closed the acquisition of The Weather Company's B2B, mobile and cloud-based web-properties, weather.com, Weather Underground, The Weather Company brand and WSI, its business-to-business brand.Article continues below
The cable TV segment was not acquired by IBM, but will license weather forecast data and analytics from IBM under a long-term contract.
The combination of technology and expertise from the two companies will serve as the foundation for the Watson IoT Cloud platform, building on a $3B commitment IBM made in March 2015 to invest in the Internet of Things.
The deal broadly extends the scale and capability of IBM's cloud data services platform and expands The Weather Company's enterprise services capabilities and consumer reach to a global scale, including plans to bring weather.com to new major markets such as China and India.
"The Weather Company's extremely high-volume data platform, coupled with IBM Cloud and the advanced cognitive computing capabilities of Watson, is unsurpassed in the Internet of Things," said John E. Kelly, IBM's senior vice president, cognitive solutions and research.
"This rich platform provides our clients significant competitive advantage as they link their business and sensor data with weather and other pertinent information in real-time. We can arm entire industries with deep multimodal insights to help enterprises gain clarity and take action on the oceans of data being generated around them."
The Weather Company's dynamic cloud data platform will run across IBM Cloud data centers globally and serve as the technology backbone of IBM's data services and Watson IoT businesses. ■ What to read next
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