IBM Sells Weather Company Assets to Private Equity Group

When IBM bought The Weather Company in 2015, it seemed an odd fit but made sense as supporting an internet-of-things, big data, analytical business.  But IBM’s latest positioning is a “hybrid cloud and AI” company, so they are selling most Weather Company assets to private equity firm Francisco Partners, which has its fingers in many tech company pies.  IBM will keep The Weather Company’s environmental intelligence suite and retain access to weather data.