IBM to Sell Weather Unit to Francisco Partners, Retain Access to Weather Data

IBM announced that it is selling its weather unit, which includes popular platforms like The Weather Channel mobile app and Weather.com, to Francisco Partners, a tech-focused private equity firm. The deal also includes the weather unit’s forecasting science and tech platform, as well as enterprise data services for various industries. Francisco Partners plans to enhance the consumer experience by adding new tools related to health and well-being. IBM will retain access to the company’s weather data, which it uses for its artificial intelligence models. The sale aligns with IBM’s focus on software, cloud services, and AI development.