IBM Plans to Acquire The Weather Company’s Product and Technology Business

IBM today announced that it has entered into a definitive agreement to acquire The Weather Company’s B2B, mobile and cloud-based web properties. This includes WSIweather.comWeather Underground and The Weather Company brand. The TV segment – The Weather Channel – will not be 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 new Watson IoT Unit and Watson IoT Cloud platform, building on a $3B commitment made by IBM in March 2015 to invest in related offerings and services.
Some interesting related information:

  • The Weather Company’s data platform hosts the fourth-most used mobile app in the U.S.
  • Cloud-based service handles 26 billion requests a day.
  • IBM ramps up new Watson IoT unit with powerful cloud platform for cognitive business.

Upon closing, IBM will acquire The Weather Company product and technology assets that include the world’s leading meteorological data science experts, precision forecasting capabilities and a high-volume cloud platform that ingests, processes, analyzes and distributes enormous data sets at scale in real time. The company’s sophisticated models analyze data from three billion weather forecast reference points, more than 40 million smartphones and 50,000 airplane flights per day, allowing it to offer a broad range of data-driven products and services to more than 5000 clients in the media, aviation, energy, insurance and government industries.

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