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IBM explores sale of weather business

Posted 6th May 2023

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IBM is exploring a sale of its weather operation, according to people familiar with the matter, as the technology company seeks to streamline its operations. An auction of the business is at an early stage, the people said, and there may not be a deal. Should there be one, private-equity is most likely the buyer in a deal that could be valued at more than $1 billion, the people said.

IBM agreed to buy the business in 2015, purchasing The Weather Company’s business-to-business, mobile and cloud-based businesses including, which provides weather forecasts around the globe. The deal price at the time was pegged at more than $2 billion.

Full story at WSJ


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