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IBM Closes Weather Co. Purchase, Names David Kenny New Head Of Watson Platform
IBM is taking another step to expand its Watson AI business and build its presence in areas like IoT: today the company announced that its acquisition of the Weather Company — the giant weather media and data group — has now officially closed. IBM is not disclosing the value of the deal: it was originally reported to be in the region of $2 billion, but sources close to IBM tell us… Read More
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IBM Will Acquire The Weather Company’s Digital Business
IBM announced this morning it’s acquiring The Weather Company, the parent company to the The Weather Channel, as well as the company’s B2B, mobile and web properties. The deal is being valued at more than $2 billion, according to a report from The Wall St. Journal. The companies are not disclosing the financial terms, however. The deal will see The Weather Company licensing… Read More
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IBM Launches Major Internet Of Things Offensive
IBM is wasting little time when it comes to the Internet of Things. The company outlined a major Internet of Things strategy tonight with a series of announcements that included a $3B investment to establish an Internet of Things unit inside of Big Blue along with a partnership with The Weather Company.
The Internet of Things refers to the growing network of sensors on everything from… Read More
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